October Deliverability Hurt by Election Mailings

| Margery Weinstein

If your October sales were softer than expected, the glut of political mailings may be to blame. According to New City, NY-based mail tracking service U.S. Monitor, direct mail pieces in October took an average of 9.84 days to reach customers, compared with 8.65 days in October 2003.

Chef’s Catalog Sold

| Mark Del Franco

San Francisco-based private equity firm JH Partners acquired $75 million Chef’s Catalog from Dallas-based Neiman Marcus Group.

FedEx to Raise Rates Jan. 3

| MCM staff

A week after United Parcel Service announced it would be raising rates on Jan. 3, fellow carrier Federal Express followed suit. Effective Jan. 3, Memphis-based FedEx will increase its published rates an average of 4.6%

Net Income Falls at Excelligence

| MCM staff

Lower sales in its elementary business and tighter margins in its early childhood division caused Monterey, CA-based Excelligence Learning Corp. (Nasdaq: LRNS) to report modest revenue growth for the quarter but lower earnings