Bean Bestows Bonuses Based on Strong Spring
L.L. Bean on Sept. 21 reported that its spring sales increased 13% over the same period last year, exceeding plan by 16%.
News
Survey News: NRF Projects 4.5% Holiday Sales Gains for Retailers
The National Retail Federation anticipates a decent holiday season this year, projecting a 4.5% overall retail sales gain and overall holiday spending of $219.9 billion for the November-December period.
Posh Tots Product Line Grows Up
Upscale children
Home Trends Opens Bigger, Better Outlet Store
Having outgrown its outlet store, Rochester, NY-based housewares cataloger Home Trends closed it down and opened a new location on Sept. 15.
J. Crew Improves Operating Results; Direct Sales Pick Up
New York-based apparel cataloger/retailer J. Crew improved its operating income to a gain of $8 million for the second quarter ended July 31, compared with an operating loss of $15 million last year. Its net loss for the quarter totaled $14 million, compared to a loss of $28 million last year.
Source for Everything Jewish Celebrates New Year
Though the conventional fourth quarter has yet to begin, Niles, IL-based cataloger The Source for Everything Jewish has kicked off the New Year-make that the Jewish New Year, or Rosh Hashanah.
Concepts Direct Sells Colorful Images to Current USA
On Sept. 11, Longmont, CO-based multititle cataloger Concepts Direct sold its most profitable title, stationery mailer Colorful Images, to Colorado Springs, CO-based Current USA.
Blyth Buys Two European Home Decor Marketers
Greenwich, CT-based Blyth, the parent company of gifts and housewares mailers Miles Kimball and Walter Drake, on Sept. 13 announced it had acquired Edelman, a designer/marketer of home, garden, and seasonal decor, and Euro-Decor, a designer/marketer of gifts and florist products.
Live from Insert Media Day: Make a Big Bang
Rye Brook, NY–In the luncheon session of the Direct Marketing Association
Live from Insert Media Day: Inserts Serve a Dual Role
Rye Brook, NY