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Celebrate Express Back on the Block
By: By Jim Tierney
On the heels of a disappointing fiscal third quarter, Kirkland, WA-based party supplies merchant Celebrate Express has hired New York-based investment bank Cowen and Co. after third parties expressed an interest in buying the company....
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Red Envelope Files Chapter 11, Finds a Buyer
By: By Jim Tierney and Tim Parry
Less than two weeks after MULTICHANNEL MERCHANT reported that Red Envelope was in talks with two potential buyers, the San Francisco-based gifts cataloger has filed for Chapter 11 bankruptcy protection....
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BabyUniverse Launches Catalog
By: By Patrick Barnard
After doing business online for the past 11 years, BabyUniverse, a subsidiary of The Parent Co., has gone multichannel with the release of its new catalog....
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More Layoffs on the Horizon for Direct Marketers
By: By Tim Parry
Continued layoffs and more hiring freezes appear to be on the horizon for direct marketers this spring, according to the latest Bernhart Associates Executive Search employment survey....
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New Website Targets Paintball Warriors
By: By Patrick Barnard
Seeking to capitalize on the ever-increasing popularity of paintball, St. Louis MO-based Way Technology has launched PaintballerParadise.com....
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Levin Resigns, Wants to Buy Sharper Image
By: By Tim Parry
Jerry Levin resigned today as chairman of The Sharper Image, and has informed the company that he and a group of investors are interested in acquiring some or all of the troubled high-tech gifts and gadgets merchant's assets.
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Hale Groves Parent Buys Pittman & Davis
By: By Patrick Barnard
Southern Fulfillment Services (SFS) has acquired Pittman & Davis, a catalog and Internet company offering high quality fruits and other gourmet foods. Terms of the deal, which was announced on April 7, were not disclosed....
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Horny Toad Says Catalog Launch is a Success
By: By Tim Parry
When was asked back in November about the plans of his company, Horny Toad, to launch a catalog that will drive traffic to its e-commerce site, Gordon Seabury let out a little groan of disappointment. But as a marketer and Web merchant of men's and women's lifestyle apparel, he knew he has to make the public aware of his products....
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Muoio Leaving Lillian Vernon
By: By Tim Parry and Jim Tierney
Michael Muoio's last day with Lillian Vernon is Thursday, the gift cataloger's president/CEO confirmed in an interview earlier this week. ...
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Is This the End for Red Envelope?
By: By Melissa Dowling
and Tim Parry
Red Envelope warned in February that it had only enough money to operate the business through June. Now it doesn’t appear the gifts cataloger will last through April. Or for that matter, is Red Envelope already in the past tense?...
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