News

• Central Restaurant Launches School Nutrition Spin-off

  Central Restaurant Products is launching a spin-off title, the School Nutrition Equipment Guide Catalog, and a dedicated area on its Web site.

• After Bankruptcy, Worldcolor Trims Net Loss

  Worldcolor, which went into and emerged from bankruptcy in mid-2009, generated a net loss for the year of $154 million, a significant improvement over the $1.66 billion net loss it posted in 2008.

• OmniReliant CEO Steps Down

  Paul W. Morrison, president, CEO and secretary of OmniReliant Holdings, Inc., has resigned from all three positions

• Nearly Half Of DM Firms Plan Staff Increases: Bernhart

  The first quarter of 2010 will see the job market for direct marketers loosen. Nearly half (46%) of them plan to add staff, compared with 30% last quarter.

• Richter-Led Media Breakaway Agrees to Pay $1 Million

  Mobile content firm Media Breakaway has reached a settlement with Florida

• Telemarketers Convicted in Florida

  Three telemarketers could be on their way to jail following their conviction last week on multiple counts of mail fraud, wire fraud, securities fraud and money laundering.

• Mailers Need New Growth Areas, Asserts PMG

  Postmaster General John E. Potter called on the mailing industry to seek new sources of growth in the midst of severe economic times coupled with a steady decline in mail use.

• Wunderman Links In With Social Media Analytics Firm

  Wunderman has partnered with social media analytics firm Visible Technologies

• Office Depot Names Newman Executive VP and CFO

  Office Depot has named Mike Newman executive vice president and chief financial officer. He replaces Charles Brown, interim CFO, who will continue in his role as president, international.

• DMA Launches Online Career Center

  The Direct Marketing Association has launched the DMA Career Center, a newly designed online resource offering services for job seekers and employers.