Financial reports: Concepts Direct, Intimate Brands, Neiman Marcus
Concepts Direct Annual Net Loss Grows 15% Multititle marketer Concepts Direct (Nasdaq: CDIR) enjoyed a 13% rise in fourth-quarter sales but a 90% plunge
News
Wet Seal to reenter catalog business
Teen apparel retailer The Wet Seal plans to relaunch its print catalog in July. The Foothill Ranch, CA-based company had launched a book in 1998, but
CEO McClanan leaving RedEnvelope
Martin McClanan, who has been CEO of gifts cataloger/online retailer RedEnvelope for the past two years, will leave the San Francisco-based company on
Movers and shakers
Dodgeville, WI-based apparel cataloger Lands
Financial reports: Federated, Gaiam
Federated
Second shareholder suit against Federated filed
A second lawsuit has been filed by shareholders of Federated Department Stores against the cataloger/retailer. On Feb. 26, the Alaska Ironworkers Pension
Omaha Steaks delivers for new gourmet meal service
A year after it was launched by Omaha Steaks, online prepared-foods purveyor A La Zing is working has hooked up with frozen-foods manufacturer Cuisine
Fingerhut bidder: I’ll keep company intact
(Direct Newsline) Peter Lytle plans to hold onto all of the assets of Fingerhut Cos. and to keep existing senior staffers if his bid to purchase the company
Deikel makes back-up bid for Fingerhut
The likelihood of Federated Department Stores selling its Fingerhut Cos. subsidiary has increased significantly now that there
Nordstrom Web sales fall, catalog losses shrink
Seattle-based fashion cataloger/retailer Nordstrom (NYSE: JWN – news) today reported net earnings of $50.7 million, or $0.38 per diluted share, for the