(Direct Newsline) Put aside the 36 acquisitions infoUSA has made since 1990, and leave off the handful Primis Marketing Group Inc. has completed in two years: Lon Mandel, president and CEO of Specialists Marketing Services Inc. hinted at two purchases so fresh for his company that he wouldn’t even name the companies in question. All he would say during a List Day panel is that the expected the deals to close within the next 45 days.
Harry & David’s largest distribution center is about to get a little bigger: The multichannel retailer best known for its Moose Munch candy mix and its Royal Riviera pears is adding 45,000 sq.-ft. to its Hebron, OH-based facility. The $16 million expansion will be completed in fall 2008.
Private equity player Gryphon Investors, along with Growth Ventures Group, have acquired $125 million plus western wear cataloger/retailer Sheplers.
According to several published reports, multititle marketer Amerimark Direct has agreed to buy fellow multititle cataloger Dr. Leonard
Good news for catalogers hoping for a hot back-to-school season. A survey conducted by customer loyalty research consultancy Brand Keys shows considerable increases in the percent of consumers who plan to use catalog and online channels for their back-to-school shopping.
Computer reseller Zones (Nasdaq: ZONS) recorded a nice boost to its bottom line for the quarter ended June 30. Second-quarter profits soared 52%, to $4.4 million, up from $2.9 million for the same period in 2006. What’s more, the Renton, WA-based merchant
CozyDays, a multichannel retailer of outdoor living products launched three specialty consumer online stores in late July to compliment its CozyDays.com Website.
Sharper Image to spokesman: Sell the steak, not the sizzle Here’s a meaty deal: The struggling Sharper Image Corp. is teaming up with mouthy mogul Donald
North Castle Partners has been wheeling and dealing: The private equity investor announced on July 3 it bought Performance Bicycle. Terms of the deal were not disclosed.
Apparel cataloger/retailer The Talbots has named Trudy F. Sullivan president/CEO. Sullivan had most recently been president of Liz Claiborne; before that