MCM staff

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FAO Outlook Grows Even Grimmer

| MCM staff

The same day that it announced liduidity concerns, King of Prussia, PA-based FAO receive a notice of default from its lenders. The notice, which FAO received

Grim Warning from FAO

| MCM staff

In a terse statement on Nov. 7, King of Prussia, PA-based FAO admitted that retail, catalog, and Internet sales following its initial holiday marketing

UPS to Test No-Frills Service

| MCM staff

(Direct Newsline) United Parcel Service will test UPS Basic, a no-frills, low-cost service for selected direct marketers starting this month. “Catalog