Home
Business-Wise
Kate's Collage
"Vinny Da Vendor"
"Benny Da Buyer"
Newsbriefs
Memory, Paper & Stamps
Category Reports
Designing Perspectives
Subscribe to CLN
Legal Q & A
Scene & Heard
Jobs
Tech Topics
Industry Research
Store Layout/Design Tips


Creative Leisure News
2677 Ashley Ct.
Tremont, IL 61568
Phone: 309-925-5593
Fax: 309-925-9068
Email: mike@clnonline.com

 

 


Date: March 3, 2003
Vol. VII, No. 5

Printer Version

TABLE OF CONTENTS

bulletCommentary: Keep Promoting Your Products
bulletHancock: Strong Sales/Profits, But...
bulletHancock's Future Plans
bulletThe Toy Market: Changes, Slumps
bulletA.C. Moore: Profits Jump 52%
bulletHIA Review, Pt. I: A Designer's View
bulletHIA Review, Pt. II: The Best of the Best
bulletHIA Review, Pt. III: Top Products
bulletThe Industry's First Cyber Trade Show
bulletCLN's Online Product Preview
bulletRandom Notes, Random Thoughts
bulletMiscellaneous News
bulletBusiness Profile: Jack Dempsey Needle Art
bulletThe Creative Network: Job Openings
bulletThe CLN Retail Index
bulletWarning! New Computer Virus!
bulletReminders

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.

[ top ]

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.)

[ top ]

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.

[ top ]

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.)

[ top ]

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.

[ top ]

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.)

[ top ]

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.)

[ top ]

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.

[ top ]

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.

[ top ]

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.

[ top ]

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.

[ top ]

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.

[ top ]

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.

[ top ]

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.

[ top ]

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

[ top ]

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

[ top ]

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.

[ top ]
xxx