Financial Reports: Hanover, Franklin Covey
Hanover Direct Posts Wider Loss Edgewater, NJ-based Hanover Direct, which mails the Domestications, The Company Store, Company Kids, Silhouettes, International
News
March Sales Roundup
We’ve all heard that
Woodworker’s Supply Buys Defunct Rival
The rise and fall of Trend-Lines, a cataloger/retailer of woodworking tools whose sales reached $230 million in the late 1990s, quietly ended on March
W.W. Grainger Reorganizes
(Direct Newsline) W.W. Grainger has restructured its operations into three groups, and its chief operating officer, Wesley M. Clark, has decided to leave
Spiegel Starts Offloading Properties
Bankrupt Spiegel Group on April 6 took several significant steps to close out its operations. For starters, Spiegel agreed to sell substantially all the
Motherwear Sold to Pangea Holdings
Florence, MA-based Motherwear, a cataloger/retailer of apparel and accessories for expecting and nursing mothers, has been sold to manufacturer/fulfillment
Taylor Wins Bankrupt Executive Greetings
After a day of intense bidding, multititle catalog holding company Taylor Corp. last week won a Connecticut bankruptcy court bidding war for the assets
Bear Creek Sold for $260 Million
(Direct Newsline) Japan’s Yamanouchi Pharmaceutical Co. will sell cataloger Bear Creek Corp. to investment fund Wasserstein & Co. for $260 million, according
Penney Sells Eckerd Drug Unit
Plano, TX-based cataloger/retailer J.C. Penney Co. on April 5 agreed to sell its Eckerd drugstore operations to two drugstore chains. Penney signed definitive
Survey: Keyword Search Is Key
Keyword search is the Website feature rated most valuable among online marketers, according to Chicago-based E-tailing Group