COMMENTARY: WHY I'LL VOTE YES
If you haven't already done so, open those large envelopes from
HIA and ACCI that are probably in a pile on your
desk. Each organization is asking its members to vote on the
proposed merger between the two groups and your vote (votes, if
you're a member of both groups) needs to be in by Dec. 31.
Voting yes does not guarantee the merger will occur. Due
diligence is ongoing, and hopefully will be done before we all die
of old age. But if the majority votes yes, and due diligence
doesn't find any skeletons in a closet, then the merger will
happen.
Here's why it should happen: the industry will have two trade
shows and one unified voice – for less money. If you're a member
of both groups, you'll pay less dues, have the same shows, and
probably see more effective education and pr programs. It's that
simple.
So open those envelopes, vote, and return your ballots by Dec.
31.
NEW COLUMNS THIS ISSUE
"Vinny Da Vendor". Thoughts on how to prepare
for the HIA show.
Memory, Paper &
Stamps. New Year's resolutions for
independents.
Business-Wise. The top stories and trends of 2003. It's
been a surprising year.
(Note: To read these columns, click on the title. If it
appears to take you to an "old" column, click your
"Refresh" or "Reload" button.)
HOLIDAY SALES: HIT AND MISS
We are not hearing positive reports about holiday sales. Some
retailers say sales are equal to last year (which wasn't that
great); others say they're a little below 2002. The retail
industry seems to be caught in the same rich-poor vortex as the
nation itself. High-end department stores such as Nordstrom are
having a great season; so are low-end discounters. Wal-Mart, for
example, says its holiday sales are on plan. It's the
middle-ground (i.e., J.C. Penney, Sears) that's suffering, and our
industry seems to be in that category. (Makes you wonder what's
happening to the middle class in this country.)
HOLIDAY CRAFTING SURVEY REVEALED
A September online survey conducted at HIA's consumer
site, www.i-craft.com,
indicates that 79% of the participants are making gifts and
holiday decorations this holiday season; 63% will be doing more
crafting than last year. Some highlights: 29% craft for the winter
holidays year round or start as early as September (28%) ... Most
crafters will spend 50+ hours on holiday crafting ... 37% make
more than half of their holiday gifts ... 47% make projects to
decorate their homes ... Ornaments (30%), wreaths (22%),
painting/drawing (21%), and memory (20%) are the most popular
projects ... 66% make crafts to give as gifts and 15% donate
crafts to charity.
FAO SCHWARZ IN BANKRUPTCY, AGAIN
A few years ago, the educational toy store was one/ of the
hottest concepts in retailing; now the concept is disappearing.
FAO Inc., parent of FAO Schwarz, Zany Brainy,
and The Right Start, has filed Chapter 11 bankruptcy
protection again, but this time it's more serious. The company
plans to liquidate its Zany Brainy stores and hopes to sell
its FAO Schwarz and Right Start divisions.
FAO hired liquidators to sell inventory of all three of its
divisions pending the outcome of its efforts to find buyers for
the FAO Schwarz and Right Start divisions by today.
If no buyer is found, then FAO would sell its remaining assets,
including brands and leases, according to Playthings
magazine.
With Toys R Us closing its Imaginarium chain and
with ZB stores closing, that's the end of the educational
toy store concept – at least for now.
The toy industry is already in turmoil, starting with Wal-Mart's
decision to sell best-selling toys at or below cost in October;
that forced Toys R Us and Target to match the
prices. And the clearance sales at the FAO stores should hurt the
remaining specialty toy independents.
EMAIL: THE ACCI/HIA MERGER
(Note: The following letter is from Mike McCooey,
President/CEO of Plaid.)
I would like to comment on the pending merger of ACCI and HIA.
First of all, as a member of the merger task force, I am certainly
in favor of the consolidation. But more importantly, as former
Chair of the ACCI Board of Directors and current member of the HIA
Board, and most importantly, as a member of both organizations,
I fully support the concept of one unified industry association.
The fact of the matter is that we are one industry with one
common goal – the growth of the craft market – as stated in
both organizations’ mission statements. We all work to make our
industry better as members and volunteers.
We have done extensive polling of members and they are
overwhelmingly in favor of the merger. The only concern we’ve
heard is that we continue to have a summer show. There will be a
summer show and we are currently negotiating a long term agreement
with Offinger Management Company to manage it for the new
organization.
Finally, while there will be financial benefit to members, it’s
not about the money. It’s about those critical issues of
education and growth. It is up to the new combined Board of
Directors to drive the specific programs and policies which we
know will achieve the goal of a stronger and more vibrant industry
through the synergies of a merger.
By now you have received the appropriate ballots in the mail. I
urge every member to vote for unification. We will be a better
industry for it. – Michael J. McCooey
EMAIL: WAL-MART WASN'T HOLLERING
(Note: The following is from a top exec at one of the
industry's largest companies.)
I read your comment about a vendor claiming Wal-Mart was
"hollering" at suppliers" at a recent meeting.
Obviously your supplier was not there ("I think a couple of
categories were down") because the Craft Summit was put on by
Wal-Mart to introduce their new buyer and management team to all
the craft vendors and inform them of short- and long-term
strategies and tactics to grow the business. It was a very
positive event in which Wal-Mart senior managers reaffirmed the
value and importance of the craft department. No browbeating, no
strong-arm tactics for better allowances. Wal-Mart just laid out
where they are, where they are going, what their plans and
expectations are for growth, and then shared what new
tools/technologies were available to help suppliers grow with
them. I WAS there and reality is 180 degrees different than your
vendor's report. – Name withheld by request
(Comment: Maybe there were two Wal-Mart meetings.)
THE PASSING OF A PIONEER
Isidor Blumenthal, longtime president of the Lion Brand Yarn
and Orchard Yarn and Thread, has passed away at 93. A
third-generation merchant of yarns and notions, Blumenthal took
the reins of the family business in 1958 and guided the company's
transition from department stores to mass merchandisers and
craft/fabric chains, and introduced synthetic yarns to the mass
market.
It truly was (and still is) a family business. Isidor was
joined in the business by two brothers, two sons, and three
nephews. Blumenthal gave up day-to-day operations in 1991 when he
appointed his son, David, as COO/Sr. VP.
Isidor is survived by his wife Ann (Chanchy), two sons, a
daughter, seven grandchildren and nine great-grandchildren. The
family requests memorials in Isidor's name be made to your
favorite charity and notice sent to David Blumenthal, Lion Brand
Yarn, 34 W. 15th St., New York, NY 10011.
NOVEMBER SALES: A MIXED BAG
The Christmas selling season got off to a feast-or-famine start
in late November. Higher-end and discount stores had strong sales,
while everyone in the middle, including many of the stores in our
industry, did not fare so well. Apparently, consumers for whom the
economy is growing shopped at higher-end stores, while most others
flocked to the stores with deep discounts.
Michaels' same-store sales increased 2%. Customer
traffic was down 1%, but that was offset by an increase in the
average ticket of 3%.
CEO Michael Rouleau said, "After a strong first half of
November, traffic slowed through the Thanksgiving holiday as
customers appeared to favor promotionally priced electronics,
toys, and apparel over traditional seasonal merchandise. Gains in
Christmas trees, garland, and lights were offset by softness in
our Christmas home decor and accessory categories. Overall, our
best performing departments were custom and ready- made frames,
memory, yarn, and books and our best performing zones were the
Southeast, Pacific, and Central." Rouleau expects December
sale-store sales to be better: up 3 - 5%.
Jo-Ann's same-store sales slipped 0.2%. Officials said
it was due to "a planned strategy to be less promotional than
the prior year"; this resulted in "significantly
improved" margins.
Hancock's same-stores sales decreased 2.9% and overall
sales slipped 2.5%. Duckwall-ALCO's same-store sales rose
3.2%, but the company did not cite crafts as a strong category.
Wal-Mart's same-stores sales were up 3.9% but execs said
sales were stronger the first half of the month. Target's
same-store sales rose 4.6%.
Retailers announced their November sales as the government was
releasing figures showing first-time claims for state unemployment
insurance benefits, a rough guide to the pace of layoffs, rose to
365,000 during the Thanksgiving week. That's up 11,000 from the
previous week and reverses the recent trend of declining
unemployment claims.
High-end department stores – Nordstrom (+7.4%) and Saks
(+6.7%) – performed well, but the mid-level stores – Sears
(-3.6%), Kohl's (-4.4%), and J.C. Penney (-0.8%) did not.
HIA NEW EXHIBITOR PREVIEW, PT. I
The HIA show in Dallas in February is so big (virtually sold
out) that buyers will not have time to visit every booth. In an
effort to help buyers make their "must-see" list, we'll
give you the names, booth numbers, a link, and a very brief
description of the new exhibitors who have websites. The complete
exhibitor list is available at www.hia.show.org.
Future installments will be published in our next three issues.
Aashlok. (#1525). Craft, Dollmaking, Floral, Seasonal,
Home Dec, Party, and Scrapbook supplies, and wedding accessories. www.plumesnfeathers.com.
Access Companies (#1405). Craft Kits, Seasonal Supplies,
Acrylic Paints. www.handyproduct.com.
American Glitters (#0914). Glitter, Art Materials,
Candle Supplies, Craft Kits, Decorative Painting, Prints &
Posters. www.americanglitter.com.
Anatex (#1425). Art Materials, Craft Kits, Paint
Brushes. www.anatex.com.
Angela's Accents (#0206). Scrapbooks Supplies, Stickers.
www.angelasaccents.com.
Ariden Creations (#1001). Scrapbook Supplies, Wood
Shapes & Surfaces. www.aridencreations.com.
Art-From-the-Heart (#0811). Scrapbook Supplies. www.art-from-the-heart.com.
Artist Mercantile (#1107). Art Materials, Ceramic
Supplies, Paint Surfaces. www.artmerc.com.
Artwrap (#0611). Party Supplies, Stickers. www.artwrap.com.au.
Balkan Services (#1319). Needlework Kits & Supplies,
Fabrics & Linings. www.balkangallery.com.
Banner American Products (#1011). Craft Kits, Photo
Supplies. www.banam.com.
Bee Organized (#0221). Bags/Packaging/Labeling, Paper/Quilling,
Stamp, Scrapbook, and Stationery Supplies, and Containers &
Storage. www.beeorganized.biz.
Bella Press (#1517). Scrapbook Supplies. www.denamipress.com.
Big Board Ent. (#1505). Containers/Storage, Quilting
Supplies/Tools, Sewing Accessories/Supplies, Wood Furniture. www.bigboardenterprises.com.
Bisous (#1009). Scrapbook & Stationery Supplies,
Stickers. www.bisous.biz.
Block Box (#1423). Storage/Carrying Containers. www.blockboxcompany.com.
Blossom Bucket (#0915). Baskets/Basket Making, Seasonal,
and Scrapbook Supplies, and Collectibles/Hobbies. www.blossombucket.com.
Blue Mountain Arts (#0808). Holiday/Seasonal &
Stationery Supplies, and Prints & Posters. www.sps.com.
Stamperia by Box (#0515). Decoupage, Stencils Supplies. www.stamperia.com.
Caritas Artesanales (#0706). Craft, Dollmaking, and
Needlecraft Kits/Supplies. www.caritasartesanales.com.mx.
Cavallini & Co. (#1007). Bags/Packaging/Labeling,
Decoupage, Party, Photo, Scrapbook, and Stationery Supplies,
Stickers, and Pens/Markers. www.cavallini.com.
Chikamasa (#1205). Hand and power tools/scissors. www.chikamasa.co.jp.
Cixi Minghui Feather Products (#1106). Craft Supplies,
Feathers. www.mhfeather.com.
Color An Angel (#1005). Stickers. www.coloranangel.com.
Conda (Ningbo) Art Material (#1217). Art Materials,
Ceramic Tools & Brushes, Fabrics & Linings,
Custom/Readymade Frames, Paint Brushes, Paint Surfaces: Art
Paper/Canvas/Other, Stationery Supplies. www.china-conda.com.
The Craft Shop (#0718). Kids, Craft Kits. www.thecraftshoponline.com.
Creative Expressions (#0907). Art Materials,
Bags/Packaging/Labeling, Craft, Seasonal, and Party Supplies, plus
Stickers and Wedding Accessories. www.ceg4party.com.
Creative Spirit Crafts (#0323). Beads & Bead Kits,
Instruction videos, Ribbon, Wedding Accessories, plus Framing,
Home Dec, Knitting/Crochet, Scrapbook, Stained Glass, Needlecraft
and Weaving Supplies. www.ezcraft.com.
Creek Bank Creations (#0310). Scrapbook Supplies/Videos,
Stickers, Laces/Trims. www.creekbankcreations.com.
Cutters Productions (#0708). Books, Stained Glass
Supplies. www.cuttersproductions.com.
RANDOM NOTES, RANDOM THOUGHTS
1. A quick look at the HIA exhibitor list
available at www.hiashow.org
brings a few thoughts to mind: Regardless of their specialties and
the fact that the show is sectionalized, buyers will probably have
to walk the entire, huge floor. Here's why: Leisure Arts and
Rose Art are in the scrapbook section, not needlework and
art materials, as you might assume. Janlynn is in the craft
section. Paper/scrapbook buyers really need to walk the entire
show because I know a number of companies not in the scrapbook
section will have new scrapbook lines.
Ironic. HIA and ACCI sectionalized the shows because
buyers complained about having to walk the entire show. Now we're
back where we started.
A quick count showed 358 companies in the scrapbook section,
and only 65 in the art materials section. At recent shows,
companies/retailers who are not in scrapbooking have complained
that our shows are becoming scrapbook shows. Certainly the number
of new products and the size of the scrapbook section (and the
resulting crowds) make it easy to think that way, but trust me,
lots of non-scrapbook companies will be introducing lots of new
lines.
2. Looking for last-minute holiday gifts for creative or
business friends? I highly recommend Shameless Exploitation in
Pursuit of the Common Good (Doubleday), the hilarious memoir
by Paul Newman and A.E. Hotchner of their wildly successful,
unexpected attempt at starting a business (Newman's Own salad
dressing. The other is Art & Fear: Observations on the
Perils (and Rewards) of Artmaking (The Image Continuum), a
practical, wise book on creativity.
3. The FAO debacle is a classic case of what
happens when one company buys another company it can't afford. Zany
Brainy was a successful chain that bought its competitor, Noodle
Kidoodle. That acquisition ultimately resulted in Zany Brainy
filing for bankruptcy and closing the Noodle Kidoodle stores. ZB
was sold to Right Start, a chain of kids' clothing stores,
which then bought the famous FAO Schwarz chain. Those
acquisitions forced Right Start, now called FAO Inc., to file for
bankruptcy earlier this year – and now once again.
I wonder if any toy companies are making money this season.
Wal-Mart probably pressured vendors to lower prices so it could
pass the savings on to consumers. Then Target and Toys R Us
matched the prices, and now FAO is running inventory clearance
sales .... Prediction: we'll see some toy vendors and independent
toy stores filing for bankruptcy next year.
MISCELLANEOUS NEWS
PEOPLE. Well known painter/writer/teacher Jill "Jillybean"
Fitzhenry has joined the F.M. Brush and Dynasty
craft artisan design team ... Don Harris, Exec VP for General
Merchandise for U.S. Wal-Mart stores, is retiring ...
Sandra Kucyk was promoted to Director of Advertising Sales for Clapper
Communications. She retains her position as editor of its Painting
magazine. Clapper publishes Crafts ‘n Things, Pack-O-Fun,
Painting, The Cross Stitcher, and 101 Bridal
Ideas.
ACCI. The deadline for proposals for Mega seminars
at the 2004 show is Dec. 31. The ACCI Education Committee is
accepting proposals in knitting, crochet, beading, florals,
framing, painting, scrapbooking, stamps, and quilting/fabrics. For
a Mega proposal submission form, visit www.accicrafts.org/megaform.pdf;
call 740-452-4541 or 888-360-2224; or email accishow@offinger.com.
COMPANY LOOKING. Midwest industry company is looking for
a Key Account Sales Manager. Must relocate; frequent travel
required. Minimum 5 years sales experience with a company selling
to large retail chains. Salary commensurate with experience, plus
significant bonus potential. For more info, call Mike Hartnett in
confidence at 309-925-5593 or email mike@clnonline.com.
MOVE OVER MARTHA! The Palm Beach Post named TV
host/author/designer Kathy Peterson as Style/Home Decor/Craft
columnist – replacing Martha Stewart's syndicated column. The
Post has a circulation of 500,000. Contact Kathy at kp@KathyPeterson.com.
BOOKS. Jeanette Crews Designs' December releases are
posted at www.jeanettecrews.com/results.cfm?Subcategory=96
and are available for immediate shipment.
GLASS. The Art Glass Show moves to Portland July
9-11 and will include two days (Sat./Sun.) for the public to
attend and four days of classes. Booth assignments begin Jan. 5.
For info, visit www.artglassshow.com or call 740-452-4541.
PAINTING. Delta announced the winners of its Design
Challenge competition, and awarded thousands of dollars to the
winners. To see the winning entries (many of which are quite
remarkable), visit www.deltacrafts.com.
COMPANY SOLD. Art Wire Works, a 60- year-old fabricator
and designer of wire products and point-of-purchase merchandising
displays, was sold to David Collignon. Previous owner Steve Perl
will remain an active consultant.
VISA. Is lowering retailer fees on certain debit-card
transactions starting early next year.
REMINDER. The deadline to pre-register for the TNNA
show Jan. 31-Feb. 2 in Long Beach is Dec. 23. It looks like it
will be TNNA's biggest show thus far. Visit www.tnna.org,
call 800-889-8662, or email tnna.info@offinger.com.
CONSUMER STUDY. The December issue of Craftrends
contains the third Consumer Participation Study. The
categories that increased this year more than the Study's error
measurement rate of 3 included Beads, Scrapbook Die-Cuts, Home Dec
Fabric, Quilting Fabric, (Sewing) Machines, Magazines, and
Computer Craft Software. The only category declining more than 3%
was Kid's Crafts. The complete Study is for sale for $50.
Call 720-836-1116 or email zack.weingartner@primedia.com.
PAINTING. A limited number of booths are still available
for the SDP Phoenix Expo, May 27-29. For info, call Marlene
Marcotte at 316-269-9300, ext. 114 or email marlene@decorativepainters.org.
MARTHA. Martha Stewart’s insider-trading trial is
scheduled to begin Jan. 12 ... Meanwhile, her magazine will cut
its guaranteed circulation (the number of readers promised to
advertisers) nearly 22% beginning next month, acknowledging that
readership has declined. The price of a 4-color page ad drops to
$107,640 from $129,766 ... Now her magazine will have new
competition, Reuters reported. Oprah Winfrey and Time Inc. are
planning new magazines.
LEGAL. The case of Wal-Mart knowingly hiring
store-cleaning contractors who use illegal aliens has gone to a
grand jury in Pennsylvania, the Associated Press reported.
QUOTATIONS. "Wal-Mart is the logical end point and
the future of the economy in a society whose pre-eminent value is
getting the best deal." – Robert B. Reich, former labor
secretary and a professor at Brandeis U. ... "Wal-Mart is the
greatest thing that ever happened to low-income Americans. They
can stretch their dollars and afford things they otherwise
couldn't." – Michael Cox, chief economist of the Federal
Reserve Bank of Dallas (Both quoted in the New York Times)
BUSINESS PROFILE: ALPINE IMPORT
Every successful company finds a niche in the marketplace and
fills it. And companies that succeed long-term often find their
original niche disappearing – and find a new niche.
Such is the case with Terry King of Rockford, IL. Terry opened
his first craft store, Craft World, in 1974 and eventually grew
the business to three outlets.
Then in the late 80's the big boxes moved in, and Terry could
see the writing on the wall. "I lost 20% of the volume of one
store that was nearest the big boxes the first year." But
unlike many retailers who threw up their hands in dismay and
closed their stores, Terry looked for a new niche to fill – and
found one:
Most vendors watch retailers cherry-pick their lines. Retailer
A wants these 20 SKU's, while Retailer B orders 10 of those SKU's
– and 10 others. Now the vendor has part of his line in Retailer
A and a somewhat different part in Retailer B. No store has the
entire line.
Then the vendor advertises the line – and the phone calls
start: "I can't find your product in my local stores. Can I
order from you?"
It's a classic example that, while the industry's distribution
system is far better than it was when Terry started in 1974, it is
still a long way from every consumer having local access to every
industry product.
That's where Terry's re-invented business, Alpine Import, comes
in.
"Think of us as an extension of your company," said
Alpine VP Brett King. "It's like we set up your company's
mail-order division to satisfy the customer who simply can’t
find a particular product locally. And that division will take a
burden off of the vendor's customer service people who field the
calls from consumers.
"For example," Brett explains, "a customer calls
looking for a product and wants to order directly from the vendor.
If the vendor doesn’t sell direct, he then searches his customer
database and tells the consumer to try Retailers A, B, and C. More
than likely the customer has already tried those stores. Then the
vendor can give them Alpine's phone number and website. So in one
simple, short phone call the vendor can satisfy the
consumer."
Alpine is more of an e-commerce operation (www.alpineimport.com)
than a traditional mail order company, and is built on mutual
relationships with vendors. "We're not looking to take
business away from retailers," Brett added. "We know
most consumers won't bother going online or calling a mail order
company, ordering product, and paying shipping when they can buy
it locally."
But consumers who can't find a product in stores, and are
referred by the manufacturer, will go online because Alpine's
inventory is extensive – crafts, scrapbooking, needlework, art
materials, and others.
The mutual relationship works this way: Alpine carries the line
like a traditional distributor, including SKU's that have a
hit-and-miss ordering history with retailers. When consumers call,
the vendor encourages them to shop in their local store, but if
the store does not have the particular product, then the vendor
refers the caller to Alpine.
Vendors concerned they will anger retailers because Alpine is
selling their line need not worry. "By the time a consumer
calls us," Terry said, "they're at their wit's end.
They've tried their local stores, they really want the product,
and so price is no object."
So Terry King has found a new niche, one that serves both
vendors and consumers.
KEY PERSONNEL: Terry King, President; Brett King, VP.
ROLODEX: Alpine Import, 7106 N. Alpine Rd., Loves Park,
IL 61111. Call 800-654-6114 (international callers, call
815-654-3480); email info@alpineimport.com;
fax 815-654-2746; visit www.alpineimport.com
Note: Want to see your company profiled like Alpine? Want
to see your products highlighted in our upcoming New Products
section in time for the upcoming trade shows? For more
information, 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*: 19.85 ... Change**: -2.08
Hancock Fabrics (HKF). Last*: 13.70 ... Change**: -0.50
Jo-Ann Stores (JAS). Last*: 19.80 ... Change**: -0.25
Michaels (MIK). Last*: 43.51 ... Change**: -3.74
Rag Shops (RAGS). Last*: 3.18 ... Change**: -0.21
Wal-Mart (WMT). Last*: 52.50 ... Change**: -3.14
CLN Retail Index. Last*: 162.46 ... Change**: -.6.0%
Dow Jones Index. Last*: 10,042.16 ... Change**: +2.7%
*Dec. 12 ** from Nov. Nov. 28 Prices are exclusive of dividends
MEMO FROM SANTA
The recent announcement that Donner and Blitzen have taken the
early retirement package has triggered concern about other
restructuring decisions at the North Pole.
Streamlining was appropriate considering the North Pole no
longer dominates the season's gift distribution business. Wal-Mart
and home shopping channels have diminished Santa's market share,
and he could not sit idly by and permit further erosion of the
profit picture.
The reindeer downsizing was made possible through the purchase
of an imported sled for the CEO's annual trip, plus anticipated
productivity from Dasher and Dancer should take up the slack with
no discernible loss of service. Reduction in reindeer will also
lessen airborne environmental emissions for which the North Pole
has received unfavorable press.
Rudolph's role will not be disturbed. Tradition still counts
for something at the North Pole. Management denies, in the
strongest possible language, the earlier leak that Rudolph's nose
became that way not from the cold but from substance abuse.
Calling Rudolph "a lush" was an unfortunate comment made
by one of Santa's helpers and taken out of context at a time of
year when he is known to be under executive stress.
Today's global challenges require the North Pole to continue to
be more competitive. Effective immediately, the following economy
measures will be implemented in the Twelve Days of Christmas subsidiary:
The partridge will be retained, but the pear tree never turned
out to be the cash crop forecasted. It will be replaced by a
plastic hanging plant, providing considerable savings in
maintenance. The two turtle doves represent a redundancy that is
simply not cost efficient.
Eleven pipers piping and twelve drummers drumming is a simple
case of the band getting too large. Replacing them with an
outsourced string quartet will produce savings which will drop to
the bottom line.
Furthermore, retailers are insisting we drop-ship; after all,
stretching deliveries over twelve days was inefficient.
Regarding the lawsuit filed by the attorney's association
seeking expansion to include the legal profession ("thirteen
lawyers a-suing"), action is pending.
Finally, deeper cuts may be necessary to stay competitive.
Should that happen, management will scrutinize the Snow White division
to see if seven dwarfs is the right number.
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. Because December has five
Mondays, Your next issue will be Monday, January 5. Our very best
wishes for a happy holiday season and a healthy new year!
xxx