Despite Fewer Cardholders, SmartPay Spending Grows
Although the number of government workers with SmartPay credit cards has declined, workers spent 2% more with the cards during fiscal 2006 than they had the previous year.
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Chimpfeet Launches Catalog
No, it doesn
And They’re Off: Black Friday Sales Strong
Most retailers are no doubt hoping that Black Friday will be indicative of the holiday shopping season overall. According to research firm ShopperTrak RTC, retail sales this past Friday were up 6%
Guitar Center Buys The Woodwind & the Brasswind
The $365.1 million direct division of Westlake Village, CA-based Guitar Center
Lowe’s Debuts Catalog
Home improvement retailer Lowe’s has mailed its first-ever catalog. The Mooresville, NC-based company is using the book to help introduce its Home Accents line
Financial Reports: Coldwater Creek, J. Crew
Apparel cataloger/retailers Coldwater Creek and J. Crew both had stellar third quarters.
Brookstone Launches Invitation-Only Loyalty Program
Cataloger/retailer Brookstone has launched a cross-channel loyalty program that will be offered to customers by invite only.
Chelsey Moves to Take Firm Command of Hanover Direct
In a move that all but ensures a going-private transaction, the board of directors at $407 million Hanover Direct unanimously approved a cash merger agreement with Chelsey Direct, its largest shareholder.
UPS, FedEx Ready Rate Hikes
‘Tis the season–not only for gift-giving but also for rate-raising by the parcel carriers. On Nov. 17, Atlanta-based United Parcel Service announced that it would hike its ground and air … Continue Reading →