Catalog
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Agencies
Office Depot Cutting More Than 2,000 Jobs
Following a strategic review of its business that began in late October, office supplies cataloger/retailer Office Depot said it will shutter 9% of its North American stores and cut 2,200 jobs during the next three months.
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Agencies
Williams-Sonoma Catalog Circulation Keeps Shrinking
Williams-Sonoma Inc. plans to continue reducing its catalog circulation through 2009, as overall sales decline.
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Agencies
DM Sales Lag for Jos. A Bank
Jos. A. Bank Clothiers Inc. generated $149.3 million during third quarter 2008, up from $131.3 million in third quarter 2007. But all of that growth came from increases in sales in pre-existing and new stores
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Agencies
Charming Shoppes Closes Lane Byrant Woman Catalog, Some Stores
Charming Shoppes Inc., which saw its net losses skyrocket during its third quarter, is discontinuing its Lane Bryant Woman catalog and closing a number of stores.
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Agencies
Chico’s FAS Sees Hope For Direct Channel In Weak Quarter
Chico’s FAS Inc. generated $394.2 million in third quarter net sales, a drop from the $415.9 million it realized a year ago.
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Agencies
Talbots Sales Drop In Third Quarter
The Talbots Inc., generated third-quarter sales of $357 million, down from $414 million during third-quarter 2007.
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Agencies
Casual Male Narrows Losses
Casual Male Retail Group Inc. posted a net loss of $3.2 million for the third quarter, compared to net loss of $3.8 million in the prior year.
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Agencies
Dick’s Sporting Goods Income Drops
Dick’s Sporting Goods Inc. reported net income of $9.2 million for the third quarter, a decrease from $12.2 million last year.
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Agencies
Tween Brands Posts Loss
Tween Brands Inc. posted a loss of $800,000 for the third quarter, compared to earnings of $13 million in the prior year.
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Agencies
Talbots Retains Moelis To Help Sell J. Jill
The Talbots Inc. has retained Moelis & Company to serve as its financial advisor. Moelis is charged with assisting with the sale of the J. Jill brand.