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Fingerhut was founded in 1948 by William Fingerhut and his brother Manny, selling automobile seat covers. In 1952, the business repositioned itself as a mail order catalog company and diversified its goods to include towels, dishes, and tools. In 1969 the company went public. [ 3] The Fingerhut family was no longer involved in the business ...
As far as I can see, my bank decided to retrench and we lost our credit line. I had never been able to find an American bank that liked the high volume/low margin business I had built." DAK's catalog mailing list and customer database was valuable and was sold during the bankruptcy proceedings to VentureDirect Worldwide.
Montgomery Ward. Montgomery Ward is the name of two successive U.S. retail corporations. The original Montgomery Ward & Co. was a mail-order business and later a department store chain that operated between 1872 and 2001. The current Montgomery Ward Inc. is an online shopping and mail-order catalog retailer that started several years after the ...
Website. www.blair.com. Blair Corporation is one of America's largest direct marketing mail order retailers, selling clothing and household goods. Founded in 1910 as the New Process Company by John Leo Blair, the company celebrated its 100th year in business in 2010. [ 1] [ 2] The company is well known for its retail catalogs, which are sent to ...
The new Fingerhut restarted with online and catalog sales in November 2002. In April 2003, The Petters Group, with two minority investors, purchased uBid. The same month, Fingerhut Direct Inc. announced it had obtained a $100 million line of credit to finance inventory and receivables.
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