HMS Jewelry Acquires Majority Share of Wholesaler
Looking to broaden its product offering to retail jewelers, HMS Jewelry Co., a subsidiary of Addison, TX-based SGD Holdings, acquired 80% of the common
MCM staff
Financial Reports: Office Depot, PC Connection, Blair, More
Catalog Sales Soft at Office Depot Delray Beach, FL-based Office Depot, which mails the Viking Office Products catalog, posted a 46% jump in first-quarter
Taylor Corp. to Shutter Executive Greetings’s Connecticut HQ
Taylor Corp., the North Mankato, MN-based catalog holding company that won a bankruptcy court auction to acquire multititle business stationery cataloger
Financial Reports: Hanover, Franklin Covey
Hanover Direct Posts Wider Loss Edgewater, NJ-based Hanover Direct, which mails the Domestications, The Company Store, Company Kids, Silhouettes, International
Brady Buys EMED
Milwaukee-based Brady Corp., the $555 million parent company of business safety and signage cataloger Seton, is buying one of Seton’s rivals: Buffalo,
First-Quarter Sales Strong, but…
All signs for the first quarter look good for retailers, according to the U.S. Commerce Department. But
DM Employment on the Rise
Direct marketers are planning to make more hires and fewer layoffs entering the second quarter, according to a survey by Owatonna, MN-based Bernhart Associates.
W.W. Grainger Reorganizes
(Direct Newsline) W.W. Grainger has restructured its operations into three groups, and its chief operating officer, Wesley M. Clark, has decided to leave
Spiegel Starts Offloading Properties
Bankrupt Spiegel Group on April 6 took several significant steps to close out its operations. For starters, Spiegel agreed to sell substantially all the
Bear Creek Sold for $260 Million
(Direct Newsline) Japan’s Yamanouchi Pharmaceutical Co. will sell cataloger Bear Creek Corp. to investment fund Wasserstein & Co. for $260 million, according