Things Remembered on the Block

| Jim Tierney

Italian eyewear group Luxottica hopes to sell the Highland Heights, OH-based gifts cataloger/retailer Things Remembered in the next four months for about $180 million.

For Postal Reform, It’s Hurry Up and Wait

| John Fischer

Just one week after the Postal Board of Governors proclaimed its opposition to reform bill S.662, word around Washington is that the Senate will likely pass the bill by Friday. But it could still take months for the bill to become law–not that that

IAC Bags Shoebuy.com

| Jim Tierney

IAC/InterActiveCorp, whose properties include HSN and the Cornerstone Brands catalogs, is acquiring Shoebuy.com, an online footwear merchant.

Mixed First Quarter for NBTY

| MCM staff

For its fiscal first quarter ended Dec. 31, nutritional supplements manufacturer/marketer NBTY saw net income decline 23%, despite an 8% increase in sales.

USPS: We’re Sorry–but…

| John Fischer

In a Jan. 26 press conference earlier, postal officials expressed regret over the letter sent by its Board of Governors to all 100 U.S. senators officially declaring opposition to postal reform bill S.662. But the Postal Service stood by the sentiment of the letter