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Lillian saved by sale
By: By Tim Parry and Jim Tierney
It's been a scary first quarter for the multichannel industry, with many merchants closing, in bankruptcy, or said to be near folding. At least Lillian...
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Taxing provision for direct merchants
By: Jim Tierney
Use-tax is rearing its head once again: New York Gov. David Paterson signed into law on April 15 a provision that will require out-of-state online retailers...
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SeaBear snaps up GD Seafoods
By: By Jim Tierney
SeaBear Wild Salmon is a bigger fish in the food catalog pond. The Anacortes, WA-based mailer acquired GD Seafoods, which does business under the Gerard...
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Sale or sink for Red Envelope
By: By Tim Parry
Red Envelope warned in February that it had only enough money to operate the business through June. But at press time it was looking like the gifts cataloger...
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Levin steps down, wants to buy SI
By: By Tim Parry
Jerry Levin resigned March 10 as chairman of The Sharper Image, and has informed the company that he and a group of investors are interested in acquiring...
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Gifts and collectibles names not so generous
By: Patrick Barnard
The gifts and collectibles catalog segment lost about 650,000 names roughly 3% in 2007, according to New York-based media brokerage firm ParadyszMatera....
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A faint fourth quarter
By: By Jim Tierney
For many of the nine publicly traded business-to-consumer merchants tracked by Multichannel Merchant, 2007 went out with a whimper. Four of the nine companies...
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Financial Reports, Sport Supply Group, Tessco
Dallas-based sports equipment merchant Sport Supply Group saw its revenue rise 4.1%, to $65.8 million, for the period ended March 31, while fourth-quarter sales for wireless communications cataloger Tessco Technologies increased 1%, to $128.3 million, for the period ended March 30....
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Hanover Direct Lays Off 100
By: By Jim Tierney
Weehawken, NJ-based multititle mailer Hanover Direct has laid off approximately 100 employees, including workers in its Pennsylvania, New Jersey, Virginia, and Wisconsin offices, according to published reports....
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Playboy Outsourcing Direct Business
By: By Jim Tierney
Playboy Enterprises last month finalized a deal for eFashionSolutions to manage the company’s catalog and e-commerce operations of its retail brands--ShopTheBunny.com and PlayboyStore.com....
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Charming Shoppes May Dump Noncore Titles
By: By Tim Parry
Charming Shoppes said Friday that it is considering selling off its noncore catalogs to focus on its Lane Bryant, Catherines, and Fashion Bug brands. ...
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Sharper Image Officially For Sale
Sharper Image Corp. announced today it will pursue a sale of its business and assets pursuant to the provisions of the bankruptcy code. The San Francisco-based gifts and gadgets merchant, which had filed for Chapter 11 in February, will solicit indications of interest from potential acquirers....
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