MCM staff

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Amazon.com Net Income Falls 30%

| MCM staff

Seattle-based online behemoth Amazon.com (NASDAQ: AMZN) suffered from the good news/bad news syndrome. The good news? Revenue for the quarter ended March 31 rose 24% to $1.9 billion, compared to $1.53 billion last year.

DoubleClick To Be Acquired by Hellman & Friedman

| MCM staff

On April 25, New York-based DoubleClick has signed a definitive agreement to be acquired by San Francisco-based private equity firm for $8.50 in cash for each share or $1.1 billion. The transaction is expected to close in the third quarter.

Getting Bigger Response from Small Businesses

| MCM staff

The business owners who make up the $3.9 trillion small-business market behave differently from consumer shoppers and corporate buyers, says Stephen Diorio, a partner in Westport, CT-based marketing company Profitable Channels. They generally don

A Tale of Two Databases: Marketing and Operational

| MCM staff

In keeping with the move toward multichannel marketing, many catalogers are converting their house files into customer marketing databases, says Arthur Middleton Hughes, vice president/solutions architect for Richardson, TX-based database marketing firm KnowledgeBase Marketing. Some are using advanced techniques to increase customer response, retention, and cross-sells. In return they are seeing increased rates of retention and increased order sizes.

1-800-Flowers.com Reports a Loss

| MCM staff

Due to increased operating expenses and lower gross profit margin, Westbury, NY-based flowers and gifts marketer 1-800-Flowers.com (NASDAQ:FLWS) posted a net loss at $2.0 million for the quarter ended March 27, compared with net income of $1.9 million last year.

Net Income Falls 25% at PC Connection

| MCM staff

Strong year-over-year sales growth in large accounts was offset by softness in small, midsize, and public sector segments at Merrimack, NH-based computer reseller PC Connection (Nasdaq:PCCC).

OfficeMax Bottom Line Tumbles 96%

| MCM staff

Itasca, IL-based OfficeMax (NYSE:OMX) reported its quarterly profit fell 96% including severance charges and a loss from discontinued operations, as sales dropped following the sale of its paper, forest products, and timberland assets.