Bluefly Cuts Its Annual Loss 74%

| MCM staff

New York-based Bluefly (Nasdaq Smallcap: BFLY) said it trimmed its annual net loss 74%, to $6.5 million for the year ended Dec. 31. The online-only discounter

Annual Income Up at Blair

| MCM staff

Though annual sales at apparel and home goods cataloger Blair Corp. (Amex: BL) declined 2%, the venerable marketer posted a whopping 105% bottom-line

FAO, Saks in Retail Deal

| MCM staff

Cataloger/retailer FAO has signed a letter of intent to sell Birmingham, AL-based retailer Saks a minority stake in the company. As part of the arrangement,