News

Sidney, NE-based sporting goods cataloger/retailer Cabela’s (NYSE:CAB) raised $156.3 million in its initial public offering.

Just a month after it had appeared that Hinsdale, IL-based Pangea Holdings had won the Newport News catalog business, an entity called Newport News Holding Corp. announced on June 24 that along with senior management and San Francisco-based Golden Gate Capital, it had purchased the cataloger from Spiegel.

In the wake of Bear Creek Corp.’s recent sale to New York-based private equity investor Wasserstein & Co., the direct marketer of fruits and food gifts is getting a change in leadership.

Soddy Daisy, TN-based gifts and collectibles cataloger Trademark Collection shut down operations on June 1.

L.L. Bean, which sued four companies on May 17 for using spyware-enabled pop-up ads on its Website, said on June 22 that it had settled with two of the companies

The Alliance of Nonprofit Mailers reports that nearly 200 mailers and mailing organizations have responded to the U.S. Postal Service

As was the case in 1991 and 1998, United Parcel Service management and the Independent Pilots Association (IPA) have been unable to reach an agreement on a new labor contract.

Collegiate Pacific, a Dallas-based manufacturer/marketer of sports equipment to institutional markets, signed a letter of intent to acquire Richmond, VA-based distributor Dixie Sporting Goods.

Though its fourth-quarter net income dipped 32%, to $43,000 from $63,000 the previous year, Rochester, NY-based test, measurement, and calibration products and services marketer Transcat posted an annual profit of $400,000