Financial Report: J. Crew Cuts 1Q Operating Loss
New York-based apparel cataloger/retailer J. Crew slashed its first-quarter operating loss but nonetheless saw its net loss for the quarter widen.
News
Survey News: Is Dad Getting the Shaft?
Poor old Dad. Consumers surveyed by BIGresearch for the National Retail Federation plan to spend an average of $86.19 on Father
May Sales Roundup
For most of the publicly traded catalogers tracked by CATALOG AGE, May was indeed a merry month.
Financial Report: Harvard Bioscience Posts a Loss
Citing a $2 million revenue shortfall from products provided to organizations, biotech companies and government agencies developing new drugs, Holliston, MA-based researcher Harvard Bioscience (Nasdaq: HBIO) reported a loss for the first quarter.
Movers and Shakers
San Francisco-based gifts cataloger Red Envelope appointed Edward Schmults senior vice president of operations.
Cataloger’s Gone to the Dogs
Canines have been very good to brothers Joe and Richard Ambrose.
Getty Images to Target Consumers on Amazon’s Website
Seattle-based stock photography provider Getty Images said on June 1 that it will sell its photos on Amazon.com. Getty, which got out of the direct response catalog business last year in favor of the Web, plans to offer printed photos of Marilyn Monroe, nature scenes, architecture, and other images for $15-$60 per print, depending their size.
American Girl Founder Gets Mackenzie-Childs Catalog Off the Ground
Whimsical ceramics manufacturer/marketer Mackenzie-Childs is now a cataloger as well. The Aurora, NY-based company dropped its first catalog to an undisclosed number of both house file and rented names on May 17.
Senate Marks Up Postal Reform Bill
The Senate Committee on Governmental Affairs on June 2 unanimously agreed on a markup of its postal reform bill, S.2468, the Postal Accountability and Enhancement Act, to the full Senate.
Newport to Buy Spectra-Physics
Newport Corp., an Irvine, CA-based manufacturer/marketer of robotics and automation systems, on June 1 agreed to buy Spectra-Physics, the optical technology unit of Waltham, MA-based Thermo Electron Corp., for $300 million.