HSN Laying Off 3% of Staff

| MCM staff

TV shopping/catalog merchant HSN said last Friday it will lay off 110 employees at HSN, most from around its St. Petersburg, FL headquarters.

A Good Year for Gardening Mailers?

| Jim Tierney

When the going gets tough, it seems, consumers get gardening. While many multichannel merchants are struggling thanks to the economic crisis, garden catalogs and Websites

November Sales Roundup

| MCM staff

Monthly sales for the companies tracked by Multichannel Merchant have continued to mirror the disastrous national economy. And November was no exception.

Hanna Andersson, Gerber Childrenswear Sold

| Jim Tierney

Private equity firm Sun Capital Partners announced Nov. 25 that one of its affiliates, Childrenswear LLC, acquired children’s clothing cataloger/retailer Hanna Andersson Corp. and Gerber Childrenswear for $179 million.

Financial Reports: Coldwater, Gap, Talbots

| MCM staff

Coldwater Creek reported a loss of $1.3 million for the third quarter, compared to a loss of $6.2 million for the quarter of 2007. Net sales were $228.5 million, compared with $271.2 million last year. Same-store sales declined 20.5%.