Total Luxury Group Acquires Petals

| MCM staff

Apparel holding company Total Luxury Group announced Monday that it had acquired home decor products merchant Petals Decorative Accents for about $20 million.

Sharper Image Seeking Store Liquidators

| MCM staff

High-tech gadgets and gifts merchant Sharper Image, which filed for Chapter 11 bankruptcy protection on Feb. 19, is seeking court approval to hire a liquidator to conduct store-closing sales at more than half of its retail locations.

Scant Increases for Staples

| MCM staff

Fourth-quarter sales for Framingham, MA-based catalog/retailer Staples grew 1%, to $5.3 billion for the three months ended Feb. 2.

Direct Sales Dip for Golfsmith

| MCM staff

For the fourth-quarter ended Dec. 29, sales for Austin, TX-based golf equipment cataloger/retailer Golfsmith increased 5.3%, to $79.0 million, up from $75.0 million for the same period in 2006.