Jim Tierney

The Deal on Chapter 11 Prepacks

| Jim Tierney

Prepackaged bankruptcy filings seem to be more common. For example, multititle mailer Orchard Brands last month filed for a prepackaged Chapter 11 to reorganize debts and expects to get out of bankruptcy in a few months. Gifts and novelties cataloger …

Still Waiting on J. Crew Sale

| Jim Tierney

Will J. Crew ever reach a deal to be sold? The revised “go-shop” period for the apparel cataloger/retailer to consider other bids for its business ends Feb. 15. But it doesn’t look like a final decision will be made by then

USPS to Raise Catalog Rates by 1%

| Jim Tierney

Catalogers received some good news today when the U.S. Postal Service filed for an inflation-based rate increase that would reflect less than a 1% rise in Standard Mail flats.