R.R. Donnelley Acquires Perry Judd's
R.R. Donnelley & Sons Co, will acquire Perry Judd's Holdings Inc., a catalog and magazine printer, for $176 million. ...
Valassis to Acquire Advo, Lawsuit Dropped
Valassis Communications Inc. will acquire Advo Inc. for $33 per share, or roughly $1.2 billion in cash. As part of the purchase agreement, both companies have agreed to dismiss all pending litigation. ...
Sharper Image Requests More Time to Meet Nasdaq Listing Requirements
Sharper Image Corp. has requested an extension until March 1 to come into compliance with listing requirements for the Nasdaq Stock Exchange....
Pier One Losses Balloon
Pier 1 Imports Inc. posted a net loss of $72.7 million for the third quarter compared to a net loss of $7.1 million in the prior-year. ...
U.K. Mail, Online Sales Rise 2.9% in November
Non-store retailing in the U.K., which includes mail order and Internet sales, rose 2.9% in November, according to the British Office for National Statistics. ...
Lan Services Acquires Smarterdeals.com
Lan Services L.L.C. has acquired www.smarterdeals.com, an online comparison-shopping service in US and Canada. ...
MO, Electronic Sales Increase in November: Commerce Dept.
U.S. retail sales through mail order and electronic avenues totaled $24 million in November, an increase from $21.8 million in the prior-year period, according to the Commerce Department. ...
Valassis CFO: Advo Deal Would Dilute Shares
Going through with a deal to buy Advo Inc. for $1.3 billion would dilute the stakes of its shareholders, Valassis Communications Inc. chief financial officer Robert Recchia testified Wednesday, according to wire service reports. ...
APAC to Use Credit Line for Expansion in Philippines
LaSalle Bank has increased to $37.5 million a line of credit available to the teleservices agency APAC Customer Services Inc., headquartered in Deerfield, IL...
Delia's Q3 Profits Up Thanks to Stores
Delia's Inc., the online, catalog and mall-based retailer of youth apparel, said profit rose 94% in the third quarter of 2006, thanks largely to stronger sales at retail stores. ...
Neiman Marcus Pegs Losses to Shuttered Operations
Neiman Marcus Inc. posted net earnings of $27.3 million for the first quarter, a 50% drop from $55 million the prior year, which management attributed these results primarily to losses surrounding discontinued operations. ...
Cutter & Buck DM Sales Surge
Cutter & Buck Inc. posted net income of $2.5 million for the second quarter, a jump over $900,000 the prior year. ...
Spot TV, DM Channels Lead Ad Spending Growth: UniversalMcCann
During 2006, U.S. spending increases for both direct mail and the Internet outstripped the growth rate for all advertising. ...
Sharper Image Sales Off in November
Sharper Image Corp. reported that November sales fell 27% compared to the same month last year. ...
Impulse Marketing Group Acquired
Impulse Marketing Group, an online lead generation and affiliate marketing company focusing on the financial services sector, has been acquired by an undisclosed private buyer. ...
J.C. Penney Direct Sales Fall in November
J. C. Penney Co. Inc. posted sales of $1.91 billion for November, up slightly from $1.86 billion in the prior-year period....
Omnicom Acquires 180 Amsterdam
Omnicom Group Inc. has acquired a majority stake in interactive marketing and design agency 180 Amsterdam....
Jos. A. Banks Direct Sales Rise Nearly 21%
Jos. A. Bank Clothiers Inc. reported sales of $50.6 million for November, a 20.8% gain over $41.9 million last year....
DM Growth Leads Retail Sales for Tiffany & Co.
Third quarter net sales for Tiffany & Co. rose 10% above third-quarter 2005's level, to $547.8 million. Net earnings for the quarter jumped 23%, to $29.1 million, but the quarter's earnings included sale of investments....
ChoicePoint Cancels Marketing Unit Sale
Data firm ChoicePoint Inc. is no longer actively seeking to sell its marketing services business. The unit, ChoicePoint Precision Marketing, has been re-classified as a continuing operation within the company. ...
KarstadtQuelle Eyes Massive Selloffs
KarstadtQuelle AG, the German retailing giant, plans to divest itself of several direct marketing operations as part of a company-wide restructuring. ...
AIG Launches Data-Breach Insurance
AIG Healthcare, a division of American International Group, Inc. has introduced AIG Healthcare Security & Liability Insurance, a portfolio of coverages designed to protect healthcare companies against the negligent handling of private data....
Willowtree Acquires OmniReliant Corp.
Willowtree Advisor Inc. has acquired OmniReliant Corp., a developer of products sold through infomercials and online marketing. ...
J. Crew's Third Quarter Gain Fueled By All Channels
Both direct and in-store sales posted gains for apparel retailer J. Crew. Direct sales rose from $56.4 million during third-quarter 2005 to $66.3 million during the quarter just ended....
Coldwater Creek Wraps Up Banner Third Quarter
Women's outfitter Coldwater Creek generated $15.9 million in third-quarter income, up from $10.5 million in income during third-quarter 2005. The company's net sales rose from $186.8 million a year ago to $256.4 million, in part due to a jump in the total number of stores....
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