Pier 1 Losses Widen, Will Close 100 Stores
Pier 1 Imports Inc. posted a net loss of $56.8 million for the first quarter, compared to a net loss of $23.2 million in the prior year...
Pet Food Direct Receives $10 Million to Finance Expansion
Pet Food Direct Inc. has received an infusion of $10 million in investment capital from LLR Partners Inc., a private equity investment firm based in Philadelphia. The money has been designated to finance growth initiatives for the online direct marketer. ...
Neiman Marcus Posts DM Earnings, Revenue Growth
Neiman Marcus Inc. posted net earnings of $59.5 million for the third quarter, an increase over net earnings of $40.5 million last year. ...
Jos. A. Banks May Sales Climb 23.4%
Jos. A. Bank Clothiers Inc. posted net sales of $45.3 million for May, a 23.4% increase over $36.7 million last year. ...
Sharper Image Catalog and Internet Sales Drop
Sharper Image Corp. reported sales of $24.1 million for May, a 27% decline from $32.9 million last year. ...
Alloy Losses Deepen in Quarter
Alloy Inc. posted a net loss of $1.7 million for the first quarter, compared to a net loss of $1.2 million in the prior year. ...
Think Partnership Narrows Losses
Think Partnership Inc. posted a net loss of $700,000 for the first quarter, an improvement over a net loss of $900,000 in the prior year. ...
DM Growth Continues for 15th Quarter But at Slower Pace
Direct marketers and vendors in this sector experienced a 15th consecutive quarter of growth, according to first quarter figures from the Direct Marketing Association's Quarterly Business Review. ...
Tiffany Direct Sales Rise 11%
Tiffany & Co. posted net earnings of $49.7 million for the first quarter, a 15% increase over $43.1 million in the prior year. ...
Madison Dearborn to Acquire CDW for $7.3 Billion
Madison Dearborn Partners LLC, a private equity firm, is expected to acquire CDW Corp., the computer direct marketer, for $7.3 billion....
Delia's DM Sales Rise 3% in Quarter
Delia's Inc. posted a net loss of $3.3 million for the first quarter, compared to a net loss of $1.2 million in the prior year. ...
Short Cuts
Sharper Image Corp. has amended its credit facility with Wells Fargo Retail Finance LLC such that it will now expire on May 25, 2012 and the company will be able borrow a maximum of $120 million....
InfoUSA, Hostile Shareholder Group Start Round 2 of Control Battle
The war of words between infoUSA and an investment group that holds a 3.6% stake in the company is escalating in advance of infoUSA's annual shareholder meeting. ...
Direct Sales Boost Coldwater Creek's First Quarter Fortunes
Women's apparel marketer Coldwater Creek generated $12 million in income during first-quarter 2007, up from $11.6 million in first-quarter 2006....
Bombay Company Sales Drop in Q1
Home furnishings supplier The Bombay Co. said Friday that first-quarter revenue slipped 11.9% to $104.6 million compared to $118.7 million for the same quarter in 2006....
Talbots Quarterly Income Plummets
The Talbots Inc. posted net income of $5.2 million for the first quarter, a sharp drop from net income of $27.4 million in the prior year. ...
Dick's Sporting Goods Income and Sales Rise
Dick's Sporting Goods Inc. reported net income of $21.7 million for the first quarter, a 90% surge over net income of $11.4 million last year. ...
Affinion Reports $320 Million in Net Revenues
Affinion Group Inc. reported $320 million in net revenues (unaudited) for insurance, membership and other club services for the quarter that ended March 31, reflecting a $77 million increase over the $245 million in revenues reported for the same quarter last year. ...
Harry & David Reports $47 Million in Net Sales
Harry & David Holdings Inc. reported catalog, Internet, outbound telemarketing and business-to-business net sales were $47 million for its fiscal third quarter that ended March 31. ...
Sharper Image Q1 Slides in Stores, Catalog, Web Sales
First-quarter sales at San Francisco-based specialty retailer The Sharper Image fell off 37% to $65.5 million from $104 million in the same quarter last year....
Urban Outfitters DM Sales Rise 30%
Urban Outfitters Inc. posted net income of $29.4 million for the first quarter, a 45% increase over net income of $20.3 million in the prior-year....
Interpublic Narrows Losses
The Interpublic Group of Cos. Inc. posted a net loss of $132.8 million for the first quarter, compared to a net loss of $170.2 million in the prior-year....
Sharper Image Sales Fall in April
Sharper Image Corp. posted sales of $21.3 million for April, a 36% decline from to $33.1 million last year....
Collegiate Pacific Income Jumps 41%
Collegiate Pacific Inc. posted net income of $1.7 million for the third quarter, a 41% increase over net income of $1.2 million in the prior-year....
Lenox Reports $3.2 Million Decline in First Quarter DM Sales
Direct marketing sales decreased by $3.2 million to $19.1 million at Lenox Group Inc. during the first quarter, compared to $22.4 million in direct sales in first quarter of 2006. ...
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