Spiegel Loses $38M in Latest 4-Week Period

Share this article:
Spiegel Inc. recorded a net loss from operations of $38.67 million for the period from July 27 to Aug. 23, according to the company's monthly operating report filed yesterday with the U.S. Bankruptcy Court for the Southern District of New York in connection with its reorganization.


According to the report, Spiegel had net sales of $104.38 million with "other revenue" of $9.87 million.


Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

7 Ways to Take Your Marketing Strategy to the Big Leagues

7 Ways to Take Your Marketing Strategy to ...

A game-winning omnichannel strategy must be seamless, synchronous, and symbiotic.

Pet World's Multichannel Marketing Is a Whole Other Animal

Pet World's Multichannel Marketing Is a Whole Other ...

The family owned pet store redesigns its website to bring the in-store experience online.

Complexity's What Marketers Got, Simplicity's What They Want

Complexity's What Marketers Got, Simplicity's What They Want

Customer insights managers want campaign management tools to remain easy to use, even as they up their games with multi-layered campaigns.