Intellipost Changes Name to MyPoints.com INTERNET MARKETER Intellipost Corp., San Francisco, has changed its name to MyPoints.com Inc., the name of the company’s flagship incentives program. “Aligning our corporate and consumer brands will leverage our brand-building dollars,” CEO Steve Markowitz said in a statement. In addition to MyPoints (www.mypoints.com), the company operates a program for rewarding e-mail recipients-BonusMail (www.bonusmail. com). Primedia Ventures, the venture capital arm of publishing and media company Primedia Inc., which owns DIRECT, is an investor in MyPoints.com Inc.
Val-Pak Plans Online Coupons COOPERATIVE COUPON MARKETER Val-Pak, Largo, FL, has joined forces with Internet search engine Yahoo! Inc. to provide content for Yahoo!’s new Yahoo! Coupons (coupons.yahoo.com). Yahoo! Coupons will offer Val-Pak’s local promotional savings from leading national brands, such as Goodyear, Subway, Fantastic Sam’s and Jiffy Lube. The arrangement with Yahoo! will give its 50 million users “simplified access to the wide variety of coupons available from Val-Pak,” said Todd Leiser, vice president of Internet technology, at parent company Cox Target Media, in a statement.
Firms Settle FTC Charges SEVERAL FIRMS last month settled Federal Trade Commission charges that they failed to disclose the origin of textile products sold online or through print catalogs. Delia’s Inc., Wal-Mart Stores Inc., Bugle Boy Industries Inc. and four other firms violated the Textile Fiber Products Identification Act and FTC rules, according to the FTC.
In addition, Abercrombie & Fitch has settled FTC allegations that it failed to make origin disclosures in its print catalogs, and Delia’s also failed to state origin in its print catalogs, the FTC said. The FTC found the alleged offenders after reviewing more than 200 Web sites offering textile or wool products. The other settlements were with Burlington Coat Factory Warehouse Corp., Woolrich Inc. and Gottschalks Inc. The agreements, which do not constitute admissions of wrongdoing, will be subject to public comment for 60 days. Terms will be published in the Federal Register.
Harris Closes Peterman HQ PAUL HARRIS STORES INC., which bought the assets of the bankrupt J. Peterman Co. for $10 million last month, will close the cataloger’s Lexington, KY headquarters. In addition, three of Peterman’s 13 retail outlets will be shut. The stores-in Las Vegas, San Francisco and Woodbury, NY-are considered unprofitable. While no decision has been made regarding the location of a new headquarters, employees of closing Peterman facilities will be allowed to apply for jobs within Paul Harris. The catalog itself will be temporarily housed in Harris’ Indianapolis headquarters.
Brylane to Merge With Pinault-Printermps APPAREL CATALOGER Brylane Inc., New York, has signed a merger agreement with French cataloger/retailer Pinault-Printemps-Redoute S.A. Under the terms of the deal, PPR planned at deadline to launch a tender offer to purchase all of the outstanding shares of Brylane not owned by PPR at a price of $24.50 per share in cash.
USPS to Ease Rates for Parcel Retum THE U.S. POSTAL SERVICE has tentatively agreed to revise its bulk parcel return rates for DMers, DIRECT has learned. The agreement, negotiated by the Advertising Mail Marketing Association, would have the USPS charge a flat fee of $1.75 for each returned parcel, instead of charging postage plus a 30-cent handling fee. AMMA president Gene A. Del Polito said the change would “clean up a problem that’s plagued direct marketers, especially continuity mailers, for years, plus help the USPS to get rid of an administrative nightmare and save money.”