Blyth Buys Walter Drake

| Paul Miller

Home decor and home fragrance manufacturer Blyth on Jan. 29 announced it had acquired $80 million low-end housewares cataloger Walter Drake for $53 million.

Movers and Shakers

| MCM staff

New York-based apparel cataloger/retailer J.Crew Group has hired Tracy Gardner as executive vice president of merchandising, planning, and production.

Financial Reports: NEBS, NBTY

| MCM staff

NEBS Up on Safeguard Results Higher sales and profits in four of its five segments drove the performance of Groton, MA-based New England Business Service

J. Crew Lays Off 30

| MCM staff

New York-based apparel cataloger/retailer J. Crew laid off about 30 employees from its distribution center and call center in Lynchburg, VA, according

J.C. Penney to Cut 475 Jobs

| MCM staff

Plano, TX-based cataloger/retailer J.C. Penney Corp. is closing its Austin, TX, telemarketing center as part of a plan to save more than $100 million