Golf Galaxy 3Q Loss Widens
Third-quarter net sales for Eden Prairie, MN-based cataloger/retailer Golf Galaxy rose 45%, to $46.0 million for the three months ended Nov. 25.
News
Survey: 60% of Merchants Say Direct Holiday Sales Are Up
People are spending more of their holiday dollars this year through catalogs and the Internet, according to a survey conducted by the New York-based Direct Marketing Association
Adrienne Shelly Foundation Launches Website
The Adrienne Shelly Foundation, a nonprofit organization dedicated to the memory of actor/director/writer Adrienne Shelly,
D. Porthault Enters Cyberspace
Armed with a new CEO, luxury linens merchant D. Porthault is poised to enter the world of e-commerce.
Shari’s Berries Owner Launches Anew
Shari Fitzpatrick’s empire of chocolate-covered berries has grown. Sort of. Fitzpatrick, who founded Sacramento, CA-based cataloger/retailer Shari’s Berries in 1989, launched another online store, the Berry Factory, in November.
Print Still King for Catalogers
While traditional catalogers are no longer the e-commerce naysayers they were in the late 1990s, print is still king, according to the Direct Marketing Association’s Multichannel Marketing in the Catalog Industry report.
Postal Reform Gets Down to the Wire
After 11 years and enough drama, close calls, and finger-pointing to fuel a season’s worth of episodes of the late “West Wing,” Congress passed a sweeping postal reform bill overnight Dec. 9.
Blair’s Zawacki to Retire
John Zawacki, the president/CEO of apparel and home goods cataloger Blair Corp. since December 1999, will retire on April 1.
Financial Reports: Neiman Marcus, Jos. A. Bank, Cutter & Buck
Upscale cataloger/retailer Neiman Marcus saw third-quarter income slide. But menswear merchant Jos. A. Bank Clothiers enjoyed solid third-quarter growth, as did sportswear manufacturer/marketer Cutter & Buck
FedEx to Raise Ground, Home Delivery Rates
FedEx Corp. said on Dec. 4 it will be raising rates for FedEx Ground and FedEx Home Delivery by an average of 4.9%, effective Jan. 1.