MCM staff

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Brookstone’s Sales Slide Continues

| MCM staff

Sales at gifts and gadgets cataloger/retailer Brookstone continue to fall. The company reported total net sales of $73.0 million for the quarter ending July 4, a 25.1% decrease from the comparable 13-week period of 2008.

Sales Slip Slightly for Transcat

| MCM staff

Revenue for test, measurement and calibration instruments distributor Transcat decreased 3.6%, from from $17.9 million to $17.2 million for the first quarter of its fiscal 2010, which ended June 27.

Report: Online Engagement Has Deepened

| MCM staff

Consumers are spending the same amount online in 2009 as they did in 2008, according to Forrister’s annual report on consumer behavior. But the report shows consumers are much more engaged this year because of social networking activities.

Bankruptcy Court Approves Eddie Bauer-Golden Gate Deal

| MCM staff

Eddie Bauer Holdings received U.S. Bankruptcy Court approval to proceed with the sale of its business to Golden Gate Capital for $286 million in cash on July 22. The outdoor apparel catalog/retailer said it expects the transaction to close in early …