February 27, 2002




Movers and shakers

Dodgeville, WI-based apparel cataloger Lands’ End has hired Frank Giannantonio for the new position as senior vice president/chief information officer. He was previously vice president, direct marketing systems for The Limited.
Pete Freix has joined computer cataloger PC Mall …

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February 26, 2002




Financial reports: Federated, Gaiam

Federated’s Financials Marked by Restructuring Costs
Restructuring charges, one-time costs, and much uncertainty wove its way through the quarterly and annual financial statements filed by cataloger/retailer Federated Department Stores (NYSE: FD). Federated owns several department store chains, including …

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February 26, 2002




Second shareholder suit against Federated filed

A second lawsuit has been filed by shareholders of Federated Department Stores against the cataloger/retailer. On Feb. 26, the Alaska Ironworkers Pension Trust filed suit in Hennepin County District Court of Minnesota, alleging that Federated has hurt the value of …

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In Uncategorized

February 25, 2002




Omaha Steaks delivers for new gourmet meal service

A year after it was launched by Omaha Steaks, online prepared-foods purveyor A La Zing is working has hooked up with frozen-foods manufacturer Cuisine Solutions to create FiveLeaf.com. Launched in Feburary, the Website sells frozen meals created by such …

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In News

February 25, 2002




Williams-Sonoma boosts guidance

Citing aggressive management of inventory management, supply chain execution, and cost controls, home decor cataloging/retailing giant Williams-Sonoma (NYSE: WSM) has boosted guidance for its fiscal 2001 diluted earnings per share from $1.31 to $1.32. Previous estimates has placed earnings per share for …

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In Email

February 23, 2002




Fingerhut bidder: I’ll keep company intact

(Direct Newsline) Peter Lytle plans to hold onto all of the assets of Fingerhut Cos. and to keep existing senior staffers if his bid to purchase the company is successful, says Marshall Masko, Lytle’s partner in investment company Business Development …

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February 22, 2002




Nordstrom Web sales fall, catalog losses shrink

Seattle-based fashion cataloger/retailer Nordstrom (NYSE: JWN – news) today reported net earnings of $50.7 million, or $0.38 per diluted share, for the fourth quarter of its 2001 fiscal year. For the fourth quarter of 2000, net earnings and earnings per share were $27.0 million …

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February 21, 2002




At the Hudson Valley DMA: Pushing through tough times

(Direct Newsline) Mailers need to focus on reactivation and prospecting because the size of the average house file has decreased 10% over the last year, Kevin Green, president of Lillian Vernon said Wednesday during a Hudson Valley Direct Marketing Association luncheon.

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In News

February 20, 2002




Intimate Brands reviewing acquisition offer

Intimate Brands
filed a request with the Securities and Exchange Commission on Feb. 20 seeking more time to review an offer from retailer The Limited to acquire the 16% of Intimate Brands it doesn’t already own. The Limited announced its unsolicited $1.46 …

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February 20, 2002




Orvis spruces up, launches spin-off

Having been around since 1856, Manchester, VT-based Orvis could qualify as an antique. But to prove that it’s anything but dusty and dated, the cataloger/retailer has spruced up its catalogs and even launched a spin-off, The Dog Book.
The cataloger/…

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