Neiman’s Direct Sales Rise 9%

| MCM staff

Direct marketing sales for Dallas-based luxury goods merchant Neiman Marcus Group, which mails the Neiman Marcus and Horchow apparel and home decor catalogs, increased 9%, to nearly $165 million for the fourth quarter ended July 28.

Paper Giants to Merge

| Jim Tierney

If the proposed merger between paper company Stora Enso and private equity firm Cerberus Capital, which owns NewPage Corp., is approved, NewPage would emerge as the top producer of coated freesheet paper in North America.