Short Cuts
Norwalk, Va-based Trilegiant Loyalty Solutions has won the rights to all of Netcentives’ patents relating to online delivery of incentive programs. Netcentives, a personalized email, rewards and recognition solutions firm declared Chapter 11 in October 2001. As the new owner of the patents, Trilegiant will assume most of the existing licensing agreements relating to the patents.
According to published reports, Amazon.com is adding a wedding registry to its Web site, to cater to couples looking for nontraditional gifts. The registry will allow people to choose gifts from more traditionally wedding-oriented partners, such as Target.
Lands’ End Inc. is raising its earnings guidance for fiscal 2002, ended Feb. 1. The company currently expects that diluted earnings per share will be at least $2.20 versus the previously expected range of $2.11 to $2.18, as stated in mid-January, and last year’s $1.14. This change in guidance is due primarily to stronger than expected January sales. Total revenue for the year just ended is up 7% from the prior year.
