Home Must Reads Harry & David sales up after bankruptcy

Harry & David sales up after bankruptcy

| Print |  Email
Must Reads
Thursday, February 16, 2012

Harry & David's 2011 holiday sales were up after a feeble 2010 season pushed the company to declare bankruptcy.

The company reported an unaudited net income figure of $34.7 million for the 13-week period ended Dec. 31. That compares with the $13.8 million Harry & David Holdings Inc., logged through the key holiday shopping season of 2010. 
Harry & David's sales, a vast majority of which come through its catalog and website, declined 6.3 percent to about $245 million compared with $262 million a year earlier. While traffic was down, the company said, average order sizes of its fruit baskets were up.
That's in part because Harry & David sliced away at its store count of 122 prior to the bankruptcy filing to its current total of 67. Sales from purchases in stores totaled $35.9 million for the final quarter, a decline of 36 percent compared with the same year-ago period.

Read more at OregonLive.com.

{biztweet}harry & david{/biztweet}

 

 

More Articles

Green Endeavor cleans up

News
Wednesday, August 06, 2014
080614 ULnew greenendeavorBY LINDA BAKER | OB EDITOR

Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.


Read more...

Launch

September 2014
Tuesday, August 26, 2014
BY JESSICA RIDGWAY

September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.


Read more...

Report Card

September 2014
Tuesday, August 26, 2014

Strong public schools shore up the economy, survey respondents say. But local schools demonstrate lackluster performance.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

What I'm Reading

October 2014
Thursday, September 25, 2014

Nick Herinckx, CEO of Obility, and Jake Weatherly, CEO of SheerID, share what they've been reading.


Read more...

Startup or Grow Up?

September 2014
Tuesday, August 26, 2014
BY JON BELL

Startup culture is all the rage. Is there a downside?


Read more...

The Backstory

October 2014
Thursday, September 25, 2014

In our cover story this month, Wendy Collie, CEO of New Seasons Market, and Kim Malek, owner of Salt & Straw, discuss their rapidly growing businesses and Portland’s red hot food scene. The conversation provides an interesting lens through which to explore trends in the grocery store and restaurant sectors.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS