Casual Male Receives Approval on Financing
Canton, MA–Men
MCM staff
Ashford.com Spins Off Art Division
Houston–Online luxury gifts cataloger Ashford.com has spun off its art division, cataloger Guild.com, as an independent company. After the spin-off,
IGo Cuts 27% of Staff
Reno, NV
Study: Most Teens Don’t Buy Online
New York
REI Reports Record Direct Sales
Seattle
Movers and Shakers
Minneapolis-based Fingerhut Cos. promoted Steven A. Lightman to executive vice president, catalog. Lightman is now responsible for the operations and
Nearly Half of U.S. Adults Have Placed an Online Order
New York–Nearly half of the U.S. adult population–or 100.2 million people–say they’ve made an online purchase, according to Nielsen/NetRatings and
PC Mall in the Black
Torrance, CA–Computer reseller PC Mall (Nasdaq: MALL) reported consolidated net income for the quarter ended June 30 of $600,000, a $4 million swing
Brookstone Warns of Wider Loss
Nashua, NH–Lackluster consumer demand for products forced upscale gadgets cataloger/retailer Brookstone (NasdaqNM: BKST) to warn of a greater-than-expected