Catalog
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Agencies
Sharper Image, Lillian Vernon File for Chapter 11
Sharper Image Corp. and Lillian Vernon Corp., two financially troubled catalogers, have filed for bankruptcy protection.
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Agencies
Costs Contribute to RedEnvelope Losses
RedEnvelope Inc. posted a net loss of $4.3 million for the third quarter, compared to net income of $5.3 million in the prior year.
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Agencies
Some Rates to Exceed 2.9%; Mailers Tolerant
While the U.S. Postal Service said Monday it would raise standard mail rates by an average of 2.9% in May, a closer look at the rates shows some that will go up more.
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Agencies
No Changes Announced for D-to-C As Charming Shoppes Faces Cutbacks, Shakeup
Joseph M. Baron, executive vice president and COO at Charming Shoppes, Inc., has assumed leadership of the company’s retail businesses on an interim basis, following the departure of Diane M. Paccione.
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Agencies
J.Crew President Jeffrey Pfeifel to Leave
Jeffrey Pfeifel will leave J.Crew Group Inc.’s effective Feb. 1. The company did not give any reason for why Pfeifel, who currently serves as president, is departing the company.
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Agencies
Retailers Not Up to Snuff on Cross-Channel Marketing: DMA
Although many retail businesses have mastered multichannel direct marketing, quite a few are still apprentices when it comes to cross-channel integration, according to “Channel Integration and Benchmarks in the Retail Industry,” a new report from the Direct Marketing Association.
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Agencies
Lillian Vernon Cuts Staff by 25%
(Multichannel Merchant) It wasn’t a very merry holiday at gifts and housewares cataloger Lillian Vernon. The Virginia Beach, VA-based company laid off about 25% of its full-time workforce on Dec. 20.
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Agencies
Sales at Restoration Hardware Shift From Stores to Catalogs
Restoration Hardware Inc. has reported that a significant share of its revenues have shifted from retail to direct marketing sales.
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Agencies
Holiday Shopping Reports: Buckle Up; We’re in for a Bumpy Ride
October sales were up over the same period last year, but only slightly, signaling a slow-down in consumer spending just as the holiday shopping season begins, the National Retail Federation reported yesterday.
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Agencies
Charming Shoppes Starts One Title, Shutters Another
(Multichannel Merchant) A week after launching its Lane Bryant catalog, Charming Shoppes yesterday announced it would close its Regalia women’s apparel catalog.