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

Podcast: Turn Things Around with David Marquet

Contributed Blogs
Friday, October 17, 2014
davidmarquet thumbBY TOM COX | OB BLOGGER

How can you move from a command-and-control leadership model to one of true empowerment and accountability? David Marquet did, and he took notes along the way.


Read more...

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


Read more...

Video: The 100 Best Survey

News
Thursday, August 28, 2014

100-best-logo-2015 500pxw-1OB Research Editor Kim Moore shares some pointers about the 100 Best Companies to Work For survey.


Read more...

October surprise

News
Sunday, October 12, 2014
roundup-logo-thumb-14BY LINDA BAKER

Cylvia Hayes, tabloid vs. watchdog journalism and the looming threat of a Cascadia earthquake.


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...

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


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