February 8, 2002




On the scene at MTAC: Group seeks parcel delivery measurement

A destination delivery unit (DDU) drop-shipping work group at the Mailers Technical Advisory Committee (MTAC) is looking to set up a parcel service measurement system that would track the U.S. Postal Service’s delivery time, from when it originally …

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February 8, 2002




On the scene at MTAC: USPS pushes for negotiated service agreements

Later this month, the U.S. Postal Service will release a report to Congress on the status of its development of negotiated service agreements (NSAs), arrangements it would like to make with large volume mailers for postal discounts allowed for …

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February 7, 2002




On the scene at MTAC: deputy PMG delivers bad news

Washington–The state of the U.S. Postal Service “is not good,” said Deputy Postmaster General John Nolan kicking off the Mailers Technical Advisory Committee (MTAC) in Washington on Feb. 6. Nolan pointed out that with volume and revenue “significantly down” this …

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February 7, 2002




On the Scene at MTAC: Confirm program seeks ‘start the clock’ mailer data

Washington–In providing members of the Mailers Technical Advisory Committee (MTAC) on Feb. 6 with his update on the U.S. Postal Service’s Confirm bulk mail tracking program, USPS program manager Paul Bakshi said that the USPS is seeking from mailers additional …

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February 7, 2002




On the Scene at MTAC: postal inspection update

Washington–Since the first anthrax case occurred in early October, more than 1,600 other cases of suspicious mail have been called in to the U.S. Postal Inspection Service, said Jim Rowan, the Inspection Service’s chief inspector for security and technology, during …

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February 7, 2002




January sales roundup

With the exception of Hingham, MA-based The Talbots and Hampstead, MD-based Jos. A. Bank, the catalogers that have reported their January direct sales have seen them decline since last year.
At Downers Grove, IL-based The Spiegel Group (NYSE: SPGLA), which …

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February 7, 2002




Financial reports: Getty Images, Urban Outfitters

Getty Images Narrows Loss
Seattle-based imagery products marketer Getty Images (Nasdaq: GETY) posted significant improvements to its bottom line. The net loss for 2001 was $95.3 million, compared to a net loss of $169.7 million for 2000. Total revenue dropped 7%, to $451.0 million from $484.8 million. …

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February 7, 2002




On the Scene at MTAC: USPS CFO reports continued revenue drop-offs

Washington–Richard Strasser, chief financial officer/executive vice president of the U.S. Postal Service, said during the Mailers Technical Advisory Committee (MTAC) meetings on Feb. 6 that the agency’s revenue for its fifth accounting period, ended Feb. 1, will be down 3.5% from …

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February 6, 2002




Financial reports: Aramark, Sharper Image, Neiman Marcus

Aramark Catalog Sales Down 3% for the Quarter
Managed services giant Aramark Corp. (NYSE: RMK), whose properties include the WearGuard and Gall’s catalogs, said its direct marketing division posted a 3% decline in fiscal first-quarter sales. For the three months ended …

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February 6, 2002




NextMonet gets financing, launches wholesale division

Fine arts cataloger NextMonet announced the completion of a multimillion-dollar round of private financing led by Fostoria Corp. and Dauk/Wagner Investments. San Francisco-based NextMonet will launch a wholesale division directed to art galleries and frame shops across the country, …

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