OfficeMax CEO Resigns Amid Accounting Scandal

| MCM staff

Itasca, IL-based cataloger/retailer OfficeMax reports that president/CEO Christopher C. Milliken, a 27-year veteran of its office products business, has resigned amid a growing scandal regarding its accounting for vendor income.

Live from eTail 2005: Be “Reasonably” Consistent Among Channels

| Melissa Dowling

If you’re a multichannel marketer, your customers will understand “logical inconsistencies” in your shopping channels, according to Bill Bass, vice president/general manager, Sears Customer Direct, and senior vice president of e-commerce, Lands’ End. In the opening general session of the eTail 2005 conference, Bass told attendees that they have to play to each channel’s strengths rather than do everything the same in every channel.

CMS, Prefer Network Merge

| MCM staff

St. Paul, MN-based Catalog Marketing Services has acquired the remaining part of New York-based cooperative database Prefer Network it did not already own. The merged company, called CMS Direct, will offer list processing, database, analytical, modeling e-commerce, and marketing consulting services. According to a release, the company is the first collaborative consumer catalog database to aggregate consumer-purchasing data at the SKU level for every model.

Know Your MTBF

| MCM staff

“If your purchase history file goes back far enough to include the expected date that some of your products will wear out or fail, you can give your customers an … Continue Reading →

Measuring Incremental Vs. Overall Response

| MCM staff

When measuring the effectiveness of a promotion, the focus should always be on the incremental order activity that is generated by the promotion, according to Jim Wheaton, a principle with Chapel Hill, NC-based database solutions firm Wheaton Group. The overall order activity during the promotion

Live from Catalog on the Road: Time to Make a Deal?

| Melissa Dowling

If you’re looking to sell your multichannel marketing business, you may be in luck. According to Michael Petsky, CEO of New York-based investment bank Petsky-Prunier, dozens of private equity groups are actively seeking to acquire multichannel merchants. “Strategic buyers are becoming more aggressive,” he said.