Office Depot Numbers Take Dip

| MCM staff

Second-quarter sales for Office Depot decreased 1%, to $3.6 billion for the three months ended June 28. The company reported a net loss of $2 million, compared to net income of $106 million for the same period last year.

Vertis and American Color to Merge, Finally

| Jim Tierney

Marketing services provider Vertis Communications on July 15 announced plans to begin voluntary proceedings under Chapter 11 of the U.S. Bankruptcy Code. This paves the way for a previously announced merger with American Color Graphics

Survey: Direct Marketing Hiring Lowest Since 2002

| MCM staff

Not planning to add staff during the third quarter? That would make your company among the majority, according to the latest employment figures put together by direct marketing recruiting firm Bernhart Associates.

Horny Toad Aquires Nau

| Tim Parry

Lifestyle Apparel Manufacturer/Marketer Horny Toad Activewear announced in June that it has acquired the assets of Nau, which sells a clothing line similar

Celebrate Express Sold

| Patrick Barnard

Party Supplies and Costumes merchant Celebrate Express was sold to holding company Liberty Media for $31 million in cash, or $3.90 per share. The deal,