Direct Mail
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Agencies
Shared Mail Drop, Impairment Charge Damp Valassis Year
Valassis generated $626.3 million during fourth-quarter 2008, a drop from the $661.5 million it pulled in during fourth-quarter 2007. But the company took an eye-popping $222 million loss during the quarter, largely due to a $245 million non-cash impairment charge.
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Agencies
Mail Stream: February 17
Thompson & Co. offers to send cigars to troops overseas. Earthjustice’s latest mailing features the gray wolf. And Sandra Lee Semi-Homemade magazine’s double postcard offers a free copy of its inaugural issue.
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Agencies
Meet the Broker: Mike Manning, Manning Media International
Meet the Broker features Mike Manning discussing data without borders, e-mail growth and the decline of postal and fax lists
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Agencies
FTC Accuses Allegedly Bogus Mortgage Rescue Firm
The Federal Trade Commission has charged an alleged mortgage foreclosure
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Agencies
Batton-Cotton Closes Doors: Sources
Batton Cotton Inc., which provides direct marketing fundraising services to non-profit organizations, has gone out of business
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Agencies
Standard Mail Rates to Rise by an Average 3.8%
Standard Mail and standard nonprofit rates will increase an average of 3.8% in May, in keeping with legal limits established under the Postal Accountability and Enhancement Act of 2006.
The new rates take effect May 11
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Agencies
Mailers Ask Obama Officials for USPS Financial Relief
A consortium of 40 mailers and industry groups has sent a letter to key members of the Obama Administration asking that economic stimulus legislation contain relief for the U.S. Postal Service
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Agencies
Talbots Laying Off 370 Corporate Employees
The Talbots, Inc. is laying off 370 corporate employees, 17% of its office headcount, in a move it says will save the company $22 million in fiscal 2009.
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Agencies
Otto to Close Distribution Center, Axing 270
German mail-order firm Otto will close its logistics centre in Graz-Kalsdorf, Austria in 2010 and lay off its 270 employees.