The Catholic Co. Buys Rosary.com
Religious products cataloger The Catholic Co., which has sold online since 2001, has purchased Rosary.com for an undisclosed amount.
Few Likely to Step Up for USPS Employee Buyout Offer
Desperate to cut costs, the U.S. Postal Service is hoping to generate early employee retirements.
Direct Sales Slide on Circ Cuts at Williams-Sonoma
Kitchen and home furnishings merchant Williams-Sonoma saw its second-quarter direct-to-consumer sales sink nearly 24%, to $272 million, compared with $356.4 million in the second quarter last year.
USPS Revises Flats Sequencing System Program
Due to declining volumes of catalogs and periodicals, the U.S. Postal Service is adding nearly 300 zip codes to the list of areas that will be served by the Flats Sequencing System.
1-800-Flowers Officially Divests Home, Children’s Titles
Multititle mailer 1-800-Flowers.com will stick to floral and food gifts moving forward. The company said in releasing its fourth-quarter and fiscal year financial results that it has divested its Home and Children
Meet the New PRC Chairman, Ruth Y. Goldway
President Barack Obama on Aug. 6 named Commissioner Ruth Y. Goldway chairman of the Postal Regulatory Commission. Goldway, the former mayor of Santa Monica, succeeds Dan G. Blair. MCM senior writer Jim Tierney caught up with Goldway to discuss her plans for her new role.
Paper Makers Continue to Cut Back
Paper companies continue to downsize to match shrinking demand.
Will Golden Gate Deal Save Eddie Bauer?
Now that Golden Gate Capital
DHL to Pay $9.4 Million in Shipping Settlement
DHL will pay the federal government $9.4 million to settle a dispute involving shipments the company made to Iran, Sudan, and Syria that violated U.S. embargoes, according to the Associated Press. The Obama administration made the announcement on Aug. 6.
No Exigent Postal Rate Case—For Now
Despite the financial crisis burdening the U.S. Postal Service, Postmaster General John Potter says there won