Spiegel to Close Outlet Stores

| MCM staff

Beginning next month, Spiegel Group intends to close all of its Spiegel outlet and clearance stores and Newport News outlet stores as part of its reorganization

Lillian Vernon Corp. to be Sold

| Paul Miller

Rye, NY-based gifts and housewares cataloger Lillian Vernon Corp. (Amex: LVC) agreed to be sold on April 16. A private equity fund managed by New York-based