HSN Laying Off 3% of 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.
TV shopping/catalog merchant HSN said last Friday it will lay off 110 employees at HSN, most from around its St. Petersburg, FL headquarters.
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
Third-quarter sales for men
Monthly sales for the companies tracked by Multichannel Merchant have continued to mirror the disastrous national economy. And November was no exception.
Cyber Monday saw $846 million in online spending, according to a survey by ComScore, a company that monitors online purchasing behavior.
Costumes and party supplies mailer Celebrate Express will lay off more than 200 employees at its North Carolina facility next year.
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.
With about three weeks to go before Christmas and Hanukkah, consumers finally dusted off their wallets and hit the stores
Are you ready for Black Friday? How about
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%.