Concepts Direct to Sell Remaining Books

Share this article:
Direct marketer Concepts Direct Inc., Longmont, CO, said yesterday it reached an agreement to sell its remaining catalog brands to Direct Retailing Inc.


The company sold its Colorful Images business in September to Current USA Inc., Colorado Springs, CO.


Catalogs involved in the deal announced yesterday include Linda Anderson, The Music Stand, Garfield Stuff, Characters and New Bargains. The sale is to close before Dec. 31. Financial terms of neither deal were disclosed.


Direct Retailing is a new company formed by members of management and employees of Concepts Direct.


After completing the sale, Concepts Direct will focus on managing or selling its remaining non-operating assets. Concepts Direct is winding down operations and plans to conclude that process by the end of the year.


Share this article:
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Metal Mulisha Races Towards Customization

Metal Mulisha Races Towards Customization

The motocross apparel company boosts mobile and Web conversions through product recommendations and personalized search.

Nielsen Allies With Pointlogic on Cross-Channel Planning

Nielsen Allies With Pointlogic on Cross-Channel Planning

Aim is to develop a "next generation" media planning tool.

If Only Engendering Loyalty Was as Easy as Clicking Your Heels

If Only Engendering Loyalty Was as Easy as ...

Rack Room Shoes combines data, research, and mobile email to deliver a high-heeled digital loyalty program.