Might Federated hook up with May?
In what would result in a retail megamerger, The Wall Street Journal on March 11 reported that Federated Department Stores (NYSE:FD) and May Department
News
Bush eyes former PMG for USPS board
President Bush intends to nominate former Postmaster General Albert Casey as a member of the U.S. Postal Service Board of Governors, the Alliance of Nonprofit
Federated extends Fingerhut sale deadline–or does it?
Federated Department Stores on March 7 said it gave Business Development Group Acquisitions (BDGA) at least another week to pull together financing to
Limited amends Intimate Brands offer
The Limited revised its offer to acquire the 16% of Intimate Brands that it doesn
February sales roundup
Catalogers
UPS, Teamsters get head start on negotiations
August 1997 remains fresh in the minds of United Parcel Service and its largest union, the International Brotherhood of Teamsters. That was when an unprecedented
Lillian Vernon: the next Martha Stewart?
Lillian Vernon is stepping down as chairman/CEO of the company she founded in 1951. But the merchandise maven will still have a say in its direction.
Systemax ends year in the black
Computer and industrial supplies manufacturer/marketer Systemax (NYSE: SYX) posted net income of $653,000 for 2001, compared with the $40.8 million net
Fingerhut resumes production on books
(Direct Newsline)–Fingerhut Cos. has begun work to complete several catalogs that had been in production prior to Federated Department Stores’ decision
Twinlab closing plant, cutting 12% of workforce
Vitamins manufacturer/marketer Twinlab Corp., which mails the Bronson Laboratories catalog, is cutting 12% of its workforce and plans to sell or close