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Catalogers React to Rate Hike News
Catalog mailers tend to view any postal rate hike with fear and loathing.
Mailers Face a May Postal Hike
The U.S. Postal Service, in its first increase under the new postal reform rules, will raise its rates on May 12 by low single-digit percentages.
J.C. Penney Launches American Living
A year after announcing it would partner with Polo Ralph Lauren in a private label deal, J.C. Penney is unveiling the lifestyle brand, American Living.
Financial Reports: Abercrombie & Fitch, Jos. A. Bank, PC Mall, REI, Sharper Image, and Talbots
Net sales at Abercrombie & Fitch rose 13% for the fiscal year ended Feb. 2, while electronic gadgets merchant The Sharper Image reported lower total company sales for its fourth quarter and fiscal year.
January Sales Roundup
If January sales reports are any indication, 2008 is off to a slow start.
Store Closures, Layoffs for Charming Shoppes
A shareholder group for Charming Shoppes a few weeks ago asked for changes at the multichannel plus-size apparel retailer, and it got them
DM Layoffs Continue, Hiring Outlook Grim
Executive recruiter Jerry Bernhart expected to see a rash of direct marketing industry layoffs and hiring freezes this quarter.
ATD-American Acquires Adirondack Direct
ATD-American, a direct merchant of business and institutional furniture and equipment, announced Jan. 31 that it has acquired a similar business-to-business cataloger, Adirondack Direct, for an undisclosed sum.