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February Sales Roundup
February was for the most part a decent month for the publicly traded companies tracked by MULTICHANNEL MERCHANT. ...
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Talbots to Shutter 20 Stores
By: By Jim Tierney
Two months after announcing it would drop its Kids and Mens lines, Hingham, MA-based merchant The Talbots said March 12 it plans to close 20 under-performing stores “in light of the economic challenges to the company.”...
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BlueSky’s Outlook: Not Good
By: By Jim Tierney
Two weeks after MULTICHANNEL MERCHANT first reported on the financial turmoil at multititle mailer BlueSky Brands, the situation has rapidly deteriorated. ...
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Postal Reform: A Rate Hike Every May
By: By Jim Tierney
What does postal reform mean to you? Yes, rate hikes should be much more manageable since they are tied to the CPI (Consumer Price Index). ...
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Total Luxury Group Acquires Petals
Apparel holding company Total Luxury Group announced Monday that it had acquired home decor products merchant Petals Decorative Accents for about $20 million....
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Sharper Image Seeking Store Liquidators
By: By Jim Tierney and Tim Parry
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....
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Restoration/Catterton Deal Advances
By: By Jim Tierney
One day after the expiration of a “go shop” period, Restoration Hardware on Feb. 29 opted to complete its merger plans with private equity firm Catterton Partners....
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