Financial reports: Neiman Marcus, J. Crew
Neiman Marcus net earnings plummet 54% Dallas–Lower sales coupled with higher inventory markdowns took a huge bite out of the bottom line of Neiman Marcus
News
Nasco to merge with Aristotle Corp.
New Haven, CT
Online shopping index climbs 43% in first week of holiday shopping
New York–The number of consumers visiting e-commerce sites from home and from work during Thanksgiving week increased by 43% from the same week last
Movers and shakers
Quincy, MA-based women
New owner intends to grow San Francisco Music Box catalog
Joel Kier, chairman of the new parent company of San Francisco Music Box Co., expects to begin growing the gifts marketer
Surveys say…Web sales thrived after Thanksgiving
The day after Thanksgiving was a boon to online catalogers this year–but how big a boon is open to interpretation. According to a Nielsen/NetRatings
EBay to distribute print traffic driver
EBay has succumbed to the power of the (printing) press. The San Jose, CA-based online auction company will distribute 23 million copies of a print catalog
Consumer confidence takes another tumble
Consumer confidence fell once again in November, continuing a decline that began in June. The Conference Board
For online merchants, Dec. 7 is “black Friday”
As you no doubt suspected, online holiday shopping patterns are very different from those of offline shoppers, according to a study by the Atlas Institute.