Fingerhut Receives $100 Million Line of Credit
Fingerhut Direct has received a $100 million line of secured redit to finance inventory, receivables and working capital. The credit was arranged by inventory
News
In the Swim Buys Poolside Express
West Chicago, IL-based discount pool supplies cataloger In the Swim bought the assets of Montgomery, IL-based rival cataloger Poolside Express. Terms
March Sales Roundup
Like the weather, March sales for the publicly traded catalogers tracked by CATALOG AGE were unpredictable. High-tech gadgets cataloger/retailer Sharper
Star Struck Gets in the Swing with Baseball Titles
Play ball! Major league umpires weren’t the only ones bellowing the phrase this week. It was also heard at Bethel, CT-based Star Struck, which is mailing
Brylane closing Indianapolis call center
New York–With Web-placed orders now exceeding 20% of its sales, multititle mailer Brylane doesn
Frontgate Spins Off Another Title
The press-shy Cornerstone Brands isn
USPS, Mail Handlers Union Come to Terms
The U.S. Postal Service and the National Postal Mail Handlers Union agreed to a tentative two-year contract extension on April 7. If ratified by union
Office Depot Offers $875 Million for French Office Supplies Firm
Cataloger/retailer Office Depot has offered to buy the French office supplies business of Guilbert SA for $875 million in a deal that would double the
USPS Releases CASS Enhancement
Mailers using the U.S. Postal Service
J. Crew Revises Fourth Quarter, Annual Results
Having made the strategic decision to clear inventory at the end of each selling season, apparel cataloger/retailer J. Crew Group has revised its net