USPS to Congress: You owe us $900 million
(Direct Newsline) The financially ailing U.S. Postal Service has renewed a request that Congress pay off a debt of more than $900 million to help it end
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USPS, union reach tentative agreement
The U.S. Postal Service announced on April 24 that it had reached a tentative five-year agreement with the National Association of Letter Carriers. The
Financial reports: 1-800-Flowers.com, Sportsman’s Guide
Blooming Quarter for 1-800-Flowers.com Multichannel marketer 1-800-Flowers.com (Nasdaq: FLWS), whose catalogs include Plow & Hearth, Magic Cabin Dolls,
Martha’s Messy Balance Sheet
New York–Martha Stewart Living Omnimedia, (NYSE: MSO), which mails the Martha by Mail catalog, reported lower sales and earnings in its Web/Direct business.
Appleseed’s breaks ground on warehouse addition
Seeking greater efficiencies and improved fulfillment speed, mature women
First quarter sales fall for Brylane parent
Paris-based retail giant Pinault-Printemps-Redoute, which owns U.S. apparel cataloger/retailers Brylane, KingSize, Jessica London, Roaman
Financial reports: Lillian Vernon, Martha Stewart, PPR
Lillian Vernon net loss widens 82% Rye, NY-based Lillian Vernon (Amex: LVC), which mails the Lilly’s Kids, Personalized Gifts, Favorites, Rue de France,
Courts approves sale of Work ‘n Gear
Canton, MA-based apparel cataloger/retailer Casual Male, which has been operating under Chapter 11 bankruptcy since May 2001, got approval by the bankruptcy
Financial reports: PC Mall, NBTY, Collegiate Pacific
Increased Backorders Affect PC Mall Computer cataloger PC Mall (Nasdaq: MALL) reported a 3% decline in first-quarter sales, to $192 millionfrom $198 million