Study: Consumers Spent $3.5 Billion Online in March
Cambridge, MA–Total spending online spending increased from $3.4 billion in February to $3.5 billion in March, according to the most recent online retail
MCM staff
Guitar Center Completes Acquisition of American Music Group
Agoura Hills, CA–Instrument retailer/cataloger Guitar Center, which owns the Musician
Burton to Bush: Do Something About the USPS
Washington–In a letter sent April 23, Rep. Dan Burton (R-IN), requested that President Bush develop a long-term solution to the U.S. Postal Service
Vitamin Shoppe Industries Completes Remerger with VitaminShoppe.com
New York–Nutritional supplements cataloger Vitamin Shoppe Industries completed its previously announced remerger with VitaminShoppe.com on April 12.
Movers and Shakers
New York-based multititle apparel and home goods cataloger Brylane has named Steven Goldberg to the newly established position of president of the Brylane
Alloy Acquires Carnegie Communications
New York–Teen apparel and accessories cataloger Alloy has acquired Carnegie Communications, a publisher of college admissions resources. Under the terms
Northwest’s Best Files Small Corporate Offering
Medford, OR–Handcrafted gifts cataloger Northwest
PC Cataloger Changes Names for Second Time in a Year
Torrance, CA–Less than a year after formally changing its name from Creative Computers to IdeaMall last summer, this holding company of two computer
USPS Considering Some Mail Preparation Changes
Washington–The U.S. Postal Service is considering changing some of its mail preparation rules for automatable Standard A flats and Standard B packages.
Other Financial Reports
Aurora, IL-based motivational products marketer Successories (Nasdaq:SCES) reported net income of $430,000 for its fiscal year ended Feb. 3, compared