
Creative Leisure News
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Date: March 3, 2003
Vol. VII, No. 5
Printer
Version
TABLE OF CONTENTS
COMMENTARY: KEEP PROMOTING YOUR
PRODUCTS
The winter trade show season always sees a huge increase in the
amount of advertising by vendors hawking their new products. Many
companies seem to reserve their advertising for the month of the
trade show -- notice how small the February and March editions of
our trade magazines are compared to their January issues.
That's understandable, but many buyers didn't see a vendor's booth
at the show, or the vendor's ad in the trade magazines, because the
show and the January magazines are so big.
There are some alternatives, thanks to the Internet. ACCI is
starting its Virtual Trade Show (see article, below) and Creative
Leisure News continues to offer our New Product section and our
Business Profile in each issue. (Just click on the "New
Product" and the "Business Profile Archives" buttons
in the lefthand column.)
The New Products stay on CLN's site for six months and the
Business Profiles are here for a full year. They are low-cost ways
to keep your name and products in front of the buyers who may have
overlooked your January efforts, or just weren't ready to commit at
the time.
For more information on the New Product and Business Profile
sections, call me at 309-925-5593 or email mike@clnonline.com.
HANCOCK: STRONG SALES/PROFITS,
BUT...
For the fiscal year ended Feb. 2, sales for the 430-store chain rose
only 6.4% to $438.3 million, but net earnings jumped 36% to $19.9
million ($1.06/diluted share). Same-store sales rose 6.3%.
However, fourth-quarter earnings, while increasing 13.0% to $8.88
million ($0.47/share), fell short of analysts' estimate of $0.50 -
$0.52, and the stock fell. Sales rose 4.0% to $128.6 million,
although there was an extra week in the quarter a year ago. That
extra week a year ago amounted to approximately $8 million in sales,
officials estimated. Same-store sales rose 11.9%.
CEO Larry Kirk cited strong same-store sales, good gross margins,
significant expense leverage, cost controls, and advertising
effectiveness as key reasons. "We are attracting a new customer
demographic into our stores, and we're also selling more to each
customer," Kirk said.
So why did the company miss analysts' expectations? Kirk told
Reuters the company sold more lower-margin products such as sewing
machines and gifts, while sales of the higher-margin home-decorating
goods were flat. (Comment: The fact that sewing machine sales
were so strong bodes well for the future of home sewing.)
HANCOCK'S FUTURE PLANS
"The company's three-faceted strategy of repositioning our
stores, remerchandising our product mix, and appealing to a more
diverse customer base is yielding better returns," said CEO
Larry Kirk. "Hancock Fabrics is now doing more sales at better
margins with less inventory and fewer stores. During the
repositioning process, the number of stores has temporarily
declined, but it is more important that overall square footage and
productivity per square foot have increased.
"The store-within-a-store concept in home decorating, featuring
Waverly Fabrics, is now in 285 stores after being launched
just over two years ago and has helped to push the expanded category
to 27% of total sales. The home dec concept will be installed in
60-70 existing stores in 2003 and in the 35-40 new openings that are
planned. We are also expanding our quilting and special occasion
categories, and we are adding premium products such as yarn, small
furniture, and iron beds."
Kirk told Reuters he expects the store-within-a-store concept will
eventually account for 40% of sales. Kirk also announced the new
473,000 sq. ft. distribution center will be expanded by 40% and
construction will begin on a new headquarters adjacent to it.
THE TOY MARKET: CHANGES, SLUMPS
Last month's huge Toy Fair celebrated its 100th anniversary,
but there wasn't a lot to celebrate.
One of the worst blizzards in New York City history hit shortly
after the Fair opened.
According to preliminary results by the market research company, The
NPD Group, annual toy sales dropped 1% in 2002. However, the
"arts and crafts" category saw a 17% increase in dollar
volume during the last half of 2002.
Perhaps a sign of the times for the toy industry: FAO Schwarz
won the Toy Industry Assn.'s Specialty Retailer of the
Year award for the second consecutive year. The corporate parent
of FAO Schwarz, FAO Inc., filed for bankruptcy last year and
its approved reorganization plan calls for paying vendors as much as
38 cents on the dollar.
The Toy Industry Assn. will hold its first fall show, Toy Expo,
The Show for Early Buyers, Oct. 21-23, 2003 in New York. The
show was created, after much controversy, "for large retailers
who require an extended timetable and long lead time for making
buying decisions," officials said. For more info, call
212-675-1141 or visit www.toy-tia.org.
(Note: To keep abreast of the toy industry, visit www.thebloomreport.com
and sign up for its free weekly newsletter.)
A.C. MOORE: PROFITS JUMP 52%
Net income for the year ended Dec. 31 jumped a whopping 52% to $14.5
million ($0.77/diluted share, a penny higher than the company's
previously announced forecast). Sales rose 18.3% to $393.4 million
and same store sales rose 5%.
Sales for the fourth quarter rose 10% to $134.9 million, but
same-store sales were down 2%. Net income increased 27% to $12.1
million ($0.62).
A.C. Moore plans to open 14 new stores this year, and projects
annual sales to grow 15% - 17%, same-store sales to rise 3% - 5%,
and earnings/share to rise 15% - 20% to $0.84 - $0.88. Now if it
would only stop snowing; execs lowered their forecast for the first
quarter due to the miserable weather in the Northeast.
HIA REVIEW, PT. I: A DESIGNER'S
VIEW
Note: We thought it would be interesting to ask a business-savvy,
top-notch designer to give us her impressions of the show, so we
asked Lynda Musante (Nifty Development Corp.) who is
President of the Board of ACCI and a leader in the Society
of Craft Designers. Her report:
Products. Saw very few true innovations in the new exhibitor
section. The projects Tracia Williams designed for Cridge
were great because they showed how an unusual surface can be
combined with a wide variety of existing products. Cridge's ceramic
material allows users to create three-dimensional artwork -- rather
than flat pieces -- while using familiar techniques.
Another new exhibitor, 7 Gypsies, was the busiest booth in
the newcomer section and showed products, such as Journal Jewelry,
that seemed to blend scrapbooking with the altered books movement.
As attractive and busy as the booth was, several attendees
speculated [sadly] that it was only a matter of time before their
look and product mix would be presented to buyers by an existing
industry vendor.
Trends/Techniques. Altered books created a lot of buzz,
particularly with Design Originals' Altered Books 101
and other vendors selling papers developed expressly for collage and
altered books. The growing popularity of altered books and
"lumpy" scrapbook pages inspired many vendors to feature
fibers, mirrors, beads, charms, etc., that traditionally would be
showcased in the jewelry aisle.
Colors. I've heard from attendees at the Dallas floral show
that the big shift in color was to red -- bright, clear, holly berry
red. Christmas 2003 is predicted to be red, red, and more red, with
white, gold, or silver as an accent, but with little emphasis on
green. This carried through at HIA, with two-color combinations
(red/white, red/silver, etc.) featured as well as blue/white and
green/white in toile for year-round decorations.
Sherbet colors dominated models in many booths, as well as two-color
combinations for home decor, jewelry, papers, etc. Purple/lime was
seen many places. Primary colors were still around as well, and look
for more muted, tonal neutrals and darker shades contrasted with
warmer color tones. The focus on metals will be on rich tones and
shimmering shades of gold and silver with a definite departure from
glitz. (Visit www.pantone.com
and www.colormarketing.org.)
Tools/Storage. Lots of tools were introduced, with many
vendors also selling tools that complemented their core product
lines. For example, Walnut
Hollow's Versa-Tool can be used to solder small
picture frames -- it's much more than just a wood-burning tool ...
Many vendors featured storage and portability products for craft
supplies; vendors look at the success of crop parties and realize
consumers want to take their crafts with them.
Collaboration. Many vendors with complementary products
formed alliances and often both companies sold the other's product.
From what I could see, the enormous number of eyelet and paper
vendors is due to their products being so heavy to ship, so
retailers are looking to save money by buying paper from vendors in
their region, as well as from large vendors with great distribution
... There were several large booths set up as satellites of the
parent company, such as EK Success, and Westrim and
its sister companies.
Misc. Thoughts. Beads continue to grow and will benefit from
the embellishment trends ... Booths with "name" artists
were packed and popular ... Many vendors showed "quick and
easy" methods to achieve one-of-a-kind looks ... Several
traditional craft vendors and those with new uses for their products
or great designs seemed to have a good show. Vendors who were griped
about the amount of scrapbooking need to step back and look at what
they had done to make their products and booth look interesting and
on-trend.
Since the mid-80s, every time the economy dragged or war threatened,
crafts enjoyed a boost in sales. Now with the competition for
leisure time from DVDs and Internet, I wonder how crafts will fare
if the economy doesn't improve, or we end up in a conflict overseas.
(Note: To contact Lynda, call 804-364-6456 or email niftydsgnr@aol.com.)
HIA REVIEW, PT. II: THE BEST OF THE
BEST
Note: While walking the HIA show, we were struck by
the number of booths whose messages were muddled, at best. In some
cases, we didn't know what the exhibitor was selling. Books? Kits?
An item or a line? So we asked Cindy Groom-Harry of Craft
Marketing Connections to walk the show and pick out exhibitors
who were doing it right. Here's her report:
Booths. Certainly Daisy Kingdom's Connect-it!
display had buyers swarming the booth. The
ready-to-connect-and-embellish fabric pieces were themed in
colorful, upscale vignettes that showed buyers, publishers, and
envious vendors the line's potential in a wide range of directions.
Merchandising/Plan-o-grams. We looked for cohesive programs
that were easy to understand within the first few seconds of
viewing. Color-coordinated and understandable packaging, the right
size with clear labeling, as well as a full range of related
products made the plan-o-grams work. Repeatedly, Provo Craft
provided such plan-o-grams with "I get it" sample boards,
consistent throughout the booth. They displayed good examples of
products that work well together. EK Success' Jolee's
and Jolee's Boutique lines were equally well merchandised.
Literature. K & Co. and a number of rubber stamp
companies distribute catalogs, press kits, and sell sheets that are
as attractive as their products -- and full of ideas. Excellent
photography and quality printing capture buyers' attention.
Demos/Make-it/take-its. They're especially valuable in
explaining how to use tools or procedure-driven products. 3M
and Plaid do
a good job of demo-ing their products, while Forster and Mrs.
Grossmans are committed to make-it/take-its. They can be costly
and not always targeted, but opportunities can arise from the least
likely places. (Yes, that "guest-badge" who visited your
booth may very well may be a key influencer of consumers,
independents, chain buyers, or the media!) Personnel. Last
year in CLN I suggested leaving the cranky, badge-watchers
home. When buyers walk into a booth, the "feel" of it is
directly affected by the people in it. We appreciate helpful,
positive sales people who know their products and their customers'
interests. So, personality is important, perhaps even more so, in
our creative environment.
Creative Environment. Good product design is critical.
Companies can have every other area well covered, but because they
started with a poor design with poor drawings, homely characters or
unattractive colors, the product will fail. Often the companies
never know why.
While poor design isn't the only reason for a line's failure, it's
often the least recognized. So lay the right groundwork. Challenge
the original design by asking industry influencers, other companies,
customers, reps, consumers. Conduct unofficial or official focus
groups. Learning that the colors are off or the drawings are weak
are problems that are surprisingly easy to correct at the beginning
of the process, and frustratingly expensive at the end.
Finally, be willing to re-invent who you are. BagWorks
is well known for its canvas bags, but the company boldly launched
the additions line and entered the fashion (craft) handbag
market. American Traditional Stencils changed its name to American
Traditional Designs and launched a number of new lines including
charms and die cuts. Trying something else, to be something else,
can help a company move forward, perhaps even into a new market.
There were a lot of companies at HIA who have lots going for them.
Being creative includes applying what we see others doing well to
our own situations.
(Note: Cindy Groom-Harry leads Craft Marketing Connections,
a product development, marketing, and public relations company. CMC
assists corporations crossing over into the craft industry as well
as companies in the industry. CMC has created well-known product
lines and successful marketing/pr programs over the past 20 years.
For more information, call 712-278-2340; email cmc@acsnet.com;
or visit www.craftmarketingconnections.com.)
HIA REVIEW, PT. III: TOP PRODUCTS
The Innovations display at the recent HIA show
contained new products from a wide variety of exhibitors. Retailers
were asked to vote on their favorites. We reported on the winners in
an earlier issue, but here they are again with a brief description
of the winning products.
Judi Kins won the Buyers'
Choice award for the best new product -- stamp images and
accessories. The Innovations winners: Acorn
Meadows: A kit to make any shaped copper cookie cutter ...
Artistic Woodworking: Adhesive-backed frames ready to paint or stain
... Armour:Sand Etch
is a portable, self-contained glass-etching system with 1,000+
stencils ... Blumenthal Lansing:
Flatback words for scrapbooking, an extension of the Favorite
Findings line ... Daisy Kingdom: Connect-It! is a fabric
program for making projects that are no-sew, quick, and easy ... EZ
Craft: Faux Dichero glass jewels -- no kiln or glass studio
necessary ... FSC Wallcoverings:
Faux finishing in three steps ... Hands
On Toys: Crunch-Art is a new way to create images with
textured art ... K & S
Engineering:Her Hammer is an eye-catching floral hammer
that also has a stylus, hole punch, and eyelet setting ... Provo
Craft:Makin's Clay is air-dry modeling clay that requires
no baking ... Vintage
Workshop: Click-n-Craft allows users to print images from
CD-Roms direct to ink fabric ... Wisconsin
Lighting: A self-adhesive lampshade: peel the label and cover
with fabric.
THE INDUSTRY'S FIRST CYBER TRADE
SHOW
Could this be a sign for the future? Will we some day attend trade
shows by turning on our computers?
This month ACCI debuts its Virtual Trade Show for
exhibitors at the July 18-20 show in Rosemont (Chicago). The
"New Product Gallery" allows exhbitors to display up to
five new products -- with color photos and descriptions --
throughout the year. Exhibitors can update their own pages whenever
they choose. The cost is $250.
For $100 exhibitors can have their project sheets listed in the
"Print-a-Project" portion of the site for buyers to
download. Project sheets must include a description and how-to
photos.
Information will be sent to exhibitors and potential exhibitors
soon. For more information about the "real" show and its
"virtual" partner, call 740-45204541; email acci.info@offinger.com;
or visit www.accicrafts.org.
CLN'S ONLINE PRODUCT PREVIEW
The latest addition to CLN's new product listing is from Kandi
Corp. with its extensive line of hot-fix embellishments for
embellishing sewing, quilting, scrapbooking, stamping, floral,
polymers, and other types of craft projects.
To see photos and product info, click HERE.
RANDOM NOTES, RANDOM THOUGHTS
1. I thought it interesting that so few of the winners of the
Innovations awards (see "HIA Review, Pt. III, above) were
related to scrapbooking. Perhaps buyers thought there were plenty of
new memory products -- and there were many -- and were concerned
about finding new lines for the other departments in of their
stores? Or perhaps new memory specialty retailers -- and there were
many -- didn't realize they could vote?
2. Don't look for much news about the lawsuit against
Michaels for alleged insider trading, as we reported in our last
issue of CLN. I suspect everything will be quiet while
lawyers argue in private, then announce some sort of settlement.
MISCELLANEOUS NEWS
COMPANY FOR SALE. Profitable manufacturer/importer with
annual sales ranging from $2.5 - $4 million. Company has two
divisions -- crafts and gifts. Willing to sell craft or both
divisions. Customers: Placement in major chains, mail order, and
independents in both divisions. Facilities: New building also
available for purchase separately. For more information call Mike
Hartnett in complete confidence at 309 925-5593 or email mike@clnonline.com.
ASSOCIATIONS. Former HIA Exec. Director Pat Koziol has
started her own association management firm, Peak Management
Solutions for Associations (PMSA). Call 973-283-9696 or email pat.koziol@plsi.com.
PROMOS. March is National Craft Month, sponsored by
the Hobby Industry Assn. Once again Terri Ouellette, known to
her fans as Terri O, is the official spokesperson. Ouellette won an
Emmy for her Home with Terri O series in Arizona. The annual NCM
promotion has generated millions of consumer media impressions in
recent years. As part of the celebration, Michaels will host
a Free Family Event at each store on Mar. 29. Stores will
provide free supplies for families to make whimsical "Pencil
Pals," using Model Magic modeling compound.
BANKRUPTCY. (Classify this under "What goes around,
comes around.") Wellington Leisure Products, whose
Maxwell-Wellington division was the dominant macrame company when
macrame was as big as scrapbooking is today, filed for Chapter 11
bankruptcy. This came shortly after the FBI reportedly seized
documents from the facility last month and is currently conducting
an investigation of the company.
MEDIA. The PBS series, Quilt Central, has been chosen
for the Telly award in the TV-Education and TV-Information
categories. The series recently began its second year on PBS and
will be taping series 400 in May and series 500 this fall. For
further info about the series and underwriting opportunities, call
Ellie Joos at 908-459-9269 or email ejoos@quiltcentraltv.com.
CONDOLENCES. Randy Schafer, former owner and creator of Omnigrid
(now owned by Prym-Dritz), passed away Feb. 24. Send
donations or memorials to Skagit Hospice, Box 1376, Mt. Vernon, WA
98273, and cards/letters to 16928 View Lane, La Conner, WA 98357.
MEMORY. The Memories Expo shows report big increases
in exhibitors. Booths for this weekend's Las Vegas show is sold out
and the Chicago show Apr. 4-5 is up 21%. Meanwhile, membership in
the related consumer group, Memories Community, is up 125% to
more than 3,000. Other Expos are slated for Somerset, NJ May 2-3 and
Orlando Oct. 10-11. For info, call 740-452-4541 or visit www.memoriesexpo.com
and www.memoriescommunity.com.
PEOPLE. Lucille Tatulli-Strang joined General Fabrics
as VP of Sales.
NEEDLEWORK. TNNA is on a roll after its record-breaking show
in California last month. Upcoming dates: June 8-10 in Columbus,
OH... Aug. 24-25 in Phoenix ... Jan. 31-Feb. 2, 2004 in Long Beach.
Visit the revamped website at www.tnna.org;
call 740-455-6773; fax 740-452-2552; or email tnna.info@offinger.com.
DONATION. C&T Publishing donated almost $44,000 to the
Families of Freedom Scholarship Fund to benefit surviving children
and spouses of the 9/11 tragedy, as well as individuals with
permanent disabilities as a result of the disaster. The money
represents profits-to-date from America from the Heart: Quilters
Remember September 11, 2001, published last May. The book is a
soft-cover catalog of 277 quilts made in the immediate aftermath of
the tragedy. An exhibit of some of the quilts is currently on tour
in the U.S. and abroad. For more info, visit www.ctpub.com,
www.quilts.com, and www.familiesoffreedom.org.
AWARD. Plaid
announced that the winner of its 2003 Horizon award is
Phyllis Dobbs. Plaid gives the $3,000 annual award to a member of
the Society of Craft Designers. Phyllis plans to use the
grant to enhance her knowledge in transferring hand art into
computer graphics. (Comment: Couldn't we all use a little
enhancement of our computer knowledge!)
ACCI. Is accepting projects for its House That Crafts
Built, which will be unveiled at the Chicago trade show July
18-20. The House has four rooms: an Edwardian [Christmas] Den,
Cottage Porch, Kid's Jungle Fun Room, and Vintage Tea Room. Members
of the Society of
Craft Designers and/or ACCI and ACCI exhibitors are invited
to submit projects. For info on styles of each room and available
projects, visit www.craftdesigners.org.
SCHOOLS. Interested in the school market? The National
School Supply and Equipment Assn. just released its 2002
NSSEA Market Definition Study. Among the highlights: Market
size, $43.5 billion, including $27.5 billion in sales via
non-institutional retailers (primarily mass market and mass
specialty retailers). The report is free to NSSEA members;
nonmembers may purchase a copy for $199. For more info, call
800-395-5550 or visit www.nssea.org.
TV. Companies scheduled to be featured in the Carol Duvall
Special on HGTV on Sat. Mar. 15th at 2 pm EST: Kato Polyclay,
The Leather Factory, CNA, DMD, Westrim, Kinetic Scrapbooking,
Ellison, Memory Makers, Walnut Hollow, Art Clay World, Delta,
Houston, Celebrations of America, Rupert, Gibbon & Spider,
Ranger, S.A.R. (Some Assembly Required), Sunday International, Daisy
Kingdom, Yasutomo, Lion Brand Yarn, Marie Osmond, Edibly Impressed,
Jean Charles Inc., TwinRay, Mango Moon, Plaid, Posh Impressions,
ArtBin by Flambeau, and Crop-In-Style.
CONTEST. Genesis Artist Colors will award three trips for two
to Cancun as the Grand Prize in the Paint Your Way to Paradise
and Teach Your Way to Paradise contests. The contests run
Mar. 1 - Dec. 31 and will have a Grand, First, and Second prize, and
five Third prizes. The categories are Professional Artist,
Decorative/Recreational Artist, and Genesis Teacher. For entry forms
and rules, call 800-374-1600 or visit www.genesisartistcolors.com
and www.genesisdecorativearts.com
soon. They will also be available from Genesis distributors. Look
for a heavy ad campaign to promote the contests, which are
co-sponsored by All-American Crafts, publishers of PaintWorks
and Quick & Easy Painting; Royal & Langnickel
Brush; and Viking Folk Art Productions. The winners will
be announced and their entries displayed at the Genesis booth during
the 2004 SDP and NAMTA shows.
PAINTING. The wonderful Memory Box program, which won
an award at the HIA show in January, has its own website: www.memoryboxes.org.
Founded and operated by Tera Leigh, the program supplies hospitals
with handpainted memory boxes for grieving parents who lost their
newborns.
PEOPLE. Jan Mollet Evans is no longer affiliated with Arline
Lowenthal on Marketing Research for the Creative Industry.
Lowenthal is looking for another industry pro to collaborate with
her on MRCI and hopes to resume service shortly. Call her at
858-268-3862 or email alowent2@san.rr.com. Meanwhile, Evans
continues to write for CNA and is now Editor of its new
supplement, CNA Scrapbook. Call 760-738-1724 or email insidereditor@cox.net.
BUSINESS PROFILE: JACK DEMPSEY
NEEDLE ART
John E. "Jack" Dempsey founded Jack Dempsey Inc. in St.
Louis in 1949, primarily to make ladies' aprons. That was successful
for a while, but by the late 1950's, as women's clothing became more
casual, Jack shifted the focus of the business to needlework for
embroidery. Thus, Jack Dempsey Needle Art was born. Since embroidery
was a favorite pastime and hobby for generations of women, the
company was a success. So much for aprons!
Jack Dempsey's son, Phillip, joined the company in 1965, and when
Jack died in 1976, Phillip took over as President. He continues to
run the company today, overseeing the daily operations with his
competent, conscientious staff.
Over the past 50 years, Jack Dempsey Needle Art has evolved into a
top producer of embroidery needle art. Its products are distributed
in the U.S. and Canada through chain stores, independent stores, and
distributors.
The company's compulsion for creativity and awareness of market
trends has resulted in a continuous expansion of the product line.
Response from the consumer continues to be excellent, so Jack
Dempsey Needle Art remains greatly optimistic about its future
growth.
The company silk-screens patterns on cloth for the purpose of
embroidery. Over the years, the company has expanded its products
and patterns to where it now produces more than 20 products -- from
pillow cases to mini-quilts -- and more than 300 patterns.
The company is particularly well known for its huge selection of
quilt block patterns. Consequently, Jack Dempsey Needle Art has
recently added queen and king quilt kits, mini-quilts, and pillow
shams that match an array of their popular quilt patterns. All of
these items are examples of Jack Dempsey's ever expanding product
line reflective of current market trends and feedback provided from
its strong customer base.
Jack Dempsey Needle Art's reputation for competitively priced,
premium products continues to grow, thanks to its high standards of
integrity, professionalism, reliability and customer service. For
example, orders placed with the company are shipped the very same
day.
Jack would be proud.
ROLODEX. Phillip Dempsey, President. 1822 Locust St., St.
Louis, MO 63103. 314-231-5116; fax 314-231-5130.
Note: CLN will include one "Business
Profile" in each issue. The company can be a manufacturer,
retailer, service company, trade association, etc. All profiles are
archived online for one year. To read profiles published in previous
issues, click on the "Business Profile Archives" button.
To learn how your company can be profiled, call Mike Hartnett at
309-925-5593 or email mike@clnonline.com.
THE CREATIVE NETWORK: JOB OPENINGS
To see a sampling of the current job openings and to contact The
Creative Network, click on the "Jobs" button in the left
hand column.
THE CLN RETAIL INDEX
A. C. Moore (ACMR). Last*: 11.79 ... Change**: +0.75
Hancock Fabrics (HKF). Last*: 14.28 ... Change**: -2.88
Jo-Ann Stores (JAS.A) [a]. Last*: 20.11 ... Change**: -2.67
Michaels (MIK). Last*: 23.50 ... Change**: +0.22
Rag Shops (RAGS). Last*: 3.05 ... Change**: +0.02
Wal-Mart (WMT). Last*: 48.06 ... Change**: -1.09
CLN Retail Index. Last*: 120.79 ... Change**: -4.5%
Dow Jones Index. Last*: 7,891.08 ... Change**: -0.2%
*Feb. 28 ** from Feb. 14 [a] voting share Prices are exclusive of
dividends
WARNING! NEW COMPUTER VIRUS!
The ever-alert Tom Ware of BagWorks emailed us with word
about a new computer virus that attacks your email. It's called
C-Nile, and even the most advanced Norton programs cannot cure it.
Oddly, it appears to affect those of us who were born before 1958.
The symptoms:
1. Causes you to send same e-mail twice. 2. Causes you
to send blank e-mail. 3. Causes you to send to wrong person. 4.
Causes you to send back to person who sent it to you. 5.
Causes you to forget to attach the attachment. 6. Causes you
to hit "SEND" before you've finished the
REMINDERS
1. For more information on how your business can be the
subject of a "Business Profile" or have products/photos
included in the "CLN's Online Product Preview, call Mike
Hartnett at 309-925-5593 or email mike@clnonline.com.
2. Paid subscribers are invited to have their website
evaluated by Lynn Carlisle of Carlisle Communications. She'll
check the site and provide a confidential assessment and suggestions
for improvement. Just email mike@clnonline.com
or ljc@carlislecommunications.com.
3. If you want a hard-copy of this issue, click on
"Printer Friendly version".
4. If your company is a paid subscriber, everyone in the main
office is welcome to register, free. Just click on "Current
Subscribers Click Here To Register."
5. If you want to recommend CLN to a friend, use the
"Tell Your Friends" box on the home page.
6. Creative Leisure News is published on the first and
third Mondays of each month. Your next issue will be Monday, March
17.
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