Spiegel Catalog Sold
On July 19, bankrupt cataloger Downers Grove, IL-based Spiegel Inc. sold its flagship catalog to a New York-based entity known as Spiegel Catalog Holdings Corp.
MCM staff
Martha Pullen Co. Sold
Huntsville, AL-based Martha Pullen Co., which publishes the Martha Pullen catalog and
Eddie Bauer Sells Headquarters
Cataloger/retailer Eddie Bauer is selling its headquarters in Redmond, WA, to computer software empire Microsoft Corp. for $38 million.
Former PMG Casey Dies
Albert Casey, who in 1986 served the shortest term as postmaster general since the U.S. Postal Service was reorganized in 1971, died on July 10.
Angelica Agrees to Sell Life Uniform
St. Louis-based Angelica Corp. has entered into a definitive agreement to sell of substantially all of the assets of its Life Uniform retail division to Healthcare Uniform Co., a newly formed affiliate of private equity firm Sun Capital Partners. The purchase price will be approximately $12 million in cash and about $4 million on a note, plus assumption of approximately $6 million of liabilities.
DMA Names John Greco Jr. CEO
The Direct Marketing Association on July 7 named John Greco Jr. president/CEO. He replaces Bob Wientzen, who left the organization at the end of June.
Star-Struck Eddie Bauer Goes Green
Eddie Bauer
Hanover to Consolidate DCs
Edgewater, NJ-based Hanover Direct plans to consolidate its Company Store distribution center in La Crosse, WI, over the next year into its Roanoke, VA, facility.
Deluxe Returns to Catalogs with NEBS Acquisition
Deluxe Corp. exited the catalog industry when it sold its Current and Paper Direct titles to Taylor Corp. in 1998. Deluxe was going to focus on offering
Jumping Ship
Whether you rightshore, multishore, or just plain offshore your operations, you’re part of a trend that’s accelerating despite or perhaps because of the