Lenox Group Income Trimmed in Third Quarter
Collectibles firm The Lenox Group saw its third-quarter revenue rise, spurred largely by two additional months of revenue from its September 2005 Lenox Acquisition, and the purchase of Willitts Designs in March of this year....
Tech Investments Cut Amazon's Third-Quarter Profit
Amazon.com's net income fell from $30 million in third-quarter 2005 to $19 million during the quarter just ended. The Seattle-based online retailer attributed the drop partly to increased investment in technology...
ChoicePoint Takes Loss Amid Planned Divestitures
ChoicePoint Inc., the data firm that rose to prominence after it sold consumer information to scam artists, reported a third quarter loss of $72.2 million on revenue of $246.7 million....
Google More Bullet-Proof than Ever after Q3 Showing
In another show if its dominance in the search arena, Google reported nearly double the third-quarter profit it posted last year, blowing past both analysts' expectations and the 38% drop in profits at Yahoo! for the same quarter. ...
MSC Industrial Income Grows 21%
MSC Industrial Direct Co. Inc. posted net income of $34.1 million for the fourth quarter, a 21% increase over $28.2 million in the prior year. ...
Equifax Boosts Income 267%
Equifax Inc. posted net income of $78.9 million for the third quarter, a 26% increase over $62.5 million in the prior-year period. ...
Magical Thinking
JUSTIFICATION IS THE name of the game when it comes to determining a direct marketing budget. It's no longer good enough to make generalizations about...
Sept. Sales a Mixed Bag for Multichannel Merchants
J. C. Penney Company Inc. announced that total direct sales for the five weeks ending Sept. 30, 2006 increased 11.8% over the same month last year to $284 million. That compares to a year-over-year increase of only 0.4% in September 2005 and a direct-sales total of $254 million for the month. ...
USPS Reports Income Decline
The U.S. Postal Service posted net income before escrow allocation of $1.28 billion for the nine months ended Aug. 31, off $28.5 million from net income of $1.5 billion for the same period last year. However, after escrow allocation, the USPS was in the red by $1.46 billion....
Neiman Marcus Income Drops
Neiman Marcus, Inc. posted a net loss of $42 million for the fourth quarter compared to net income of $34.3 million for the same period last year. ...
Sharper Image CEO Loses Proxy Fight, Steps Down
Sharper Image founder, CEO and most public face Richard Thalheimer has stepped down, with the Associated Press claiming he was ousted by his company's board of directors. Jerry Levin, who led a group of dissident shareholders and gained a seat on the firm's board in July, will serve as chairman and acting CEO, effective immediately. ...
Pier 1 Losses Deepen in Quarter
Pier 1 Imports Inc. posted a net loss of $73.1 million, for the second quarter, compared to a net loss of $6.4 million the prior year. ...
DM Spending to Reach $194 Million in 2010: Forecast
Direct marketing expenditures are seen as growing by 6% annually, a rate that will boost 2006's $154.5 billion to $194.2 billion by 2010, according to the most recent Veronis Suhler Stevenson Communications Industry Forecast study....
Escrow Contribution Drives Up USPS July Loss
The U.S. Postal Service posted a net loss of $268 million for July. When taking into account a $250 million monthly escrow allocation, the net loss was $518 million....
Acxiom Corp. Reports 8.5% Revenue Increase
Acxiom Corp. boosted its revenue by 8.5% to $336.7 million during its first quarter. ...
Brookstone Losses Double in Quarter
Brookstone Inc. reported a net loss of $11 million for the second quarter compared with a net loss of $5.7 million last year....
Shipping Costs, Technology Spending Cut Amazon's Income
Amazon.com reported second quarter revenue of $2.1 billion, up from the $1.8 billion it generated in second quarter 2005. But the online retailer's operating income dropped from $104 million a year ago to $47 million, and its net income fell from $52 million to $22 million. ...
InfoUSA's Gupta Agrees to One-Year Stock Purchase Moratorium
Vinod Gupta, chairman and CEO of infoUSA, has reached an agreement with his company under which he will not directly or indirectly purchase any additional infoUSA securities. He will be able to exercise stock options the company has granted to him...
DM Growth Falls in First Quarter
DIRECT MARKETING GROWTH flagged in the first quarter of 2006, dropping below the last two years' robust levels, according to the Direct Marketing Association's...
Tally Officially Returns InfoUSA Directors to Board
InfoUSA’s shareholders returned three members of its board who had been challenged by an outside firm, according to a final tally of results from IVS Associates Inc., an independent election inspector....
J. Crew’s Income, Sales Increase
J.Crew Group Inc. reported net income of $8 million for the first quarter, up from $5 million last year....
Bad Law Rising
YOU THINK YOU HAVE it tough with privacy regulations? It could be worse. For starters, you could live in Europe. Unlike in the United States, privacy...
Lillian Vernon Corp. Sold
[Multichannel Merchant] For the second time in three years, Lillian Vernon Corp. has changed hands. Direct Holdings Worldwide, which bought the gifts and housewares cataloger in July 2003, has sold it to investment firm Sun Capital Partners. Sale terms were not announced....
Direct, Retail Sales Down as Eddie Bauer’s Losses Deepen
Eddie Bauer Holdings Inc. reported a net loss of $35.6 million for first quarter 2006, compared with a net loss of $8.6 million a year ago. The company’s revenue fell from $221.9 million to $194.5 million. ...
Harte-Hanks Acquires Print-On-Demand Service Provider
Harte Incs Inc. has acquired digital printing capabilities from PrintSmart Inc., a print-on-demand firm based in East Bridgewater, MA. Terms of the purchase were not disclosed....
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