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BUSINESS                 Monday 6 January 2020
                                                                                                                           A25

            Catalog retailers see reason for optimism after declines




            By DAVID SHARP                                                                                                      mailings,  according  to  the
            Associated Press                                                                                                    U.S.  Postal  Service  inspec-
            PORTLAND,     Maine    (AP)                                                                                         tor general.
            —  Catalogs,  those  glossy                                                                                         Sarah  Johnson  says  she
            paper-and-ink  offerings  of                                                                                        loves  flipping  through  cat-
            outdoor  apparel,  kitchen-                                                                                         alogs  at  her  convenience
            ware and fruit baskets, are                                                                                         — but gets her hackles up
            not yet headed for the re-                                                                                          when retailers fill her email
            cycling bin of history.                                                                                             inbox.
            Until  recently,  the  future                                                                                       "Promotion  emails  drive
            appeared  grim  for  the                                                                                            me  crazy,"  said  Johnson,
            mailbox-stuffers.  A  one-                                                                                          29,  of  Vernal,  Utah.  "When
            two  punch  of  postal  rate                                                                                        there's  a  catalog  lying  on
            increases  and  the  Great                                                                                          the table, it feels like it's my
            Recession  had  sharply  cut                                                                                        choice to pick it up and flip
            their  numbers.  Common                                                                                             through it. When it arrives in
            wisdom had everything re-                                                                                           my inbox it feels like it's im-
            tail-related moving online.                                                                                         posing on me," she said.
            But  a  catalog-industry  re-                                                                                       Angela  Hamann,  another
            bound  appears  in  the                                                                                             millennial,  says  she  prefers
            works,  fueled  in  part  by                                                                                        catalogs  because  it's  eas-
            what  might  seem  an  un-   This Wednesday, Nov. 24, 2004 file photo shows a selection of holiday season catalogs in Portland,   ier  than  scrolling  through
            likely group: younger shop-  Maine.                                                                                 webpages  to  evaluate  a
            pers who find it's sometimes                                                                       Associated Press  retailer's offering.
            easier, more satisfying and                                                                                          "It's a great way to assess
            even  nostalgic,  flipping  retailers  like  Amazon  and  er, after a major U.S. Postal  tion.                      what a company  has to of-
            pages  rather  than  clicking  Bonobos  are  getting  into  Service  rate  increase  and  Millennials  who  are  nostal-  fer without making a bunch
            links.                       the act.                     the start of the recession in  gic for vinyl records and all  of clicks," said Hamann, 37,
            Industry experts say that all  "They're  tapping  out  on  late 2007. Catalog numbers  things  vintage  are  thumb-  of New Gloucester, Maine.
            those  catalogs  crammed  what  they're  able  to  do  dropped from about 19 bil-      ing  through  catalogs  and  During the downturn, cata-
            into  mailboxes  this  holiday  digitally,"  said  Tim  Curtis,  lion in 2006  to an estimated  dog-earing   the   pages.  log retailers reduced the size
            season are a sign that mail-  president of CohereOne, a  11.5 billion in 2018, accord-  It's    a  new  demographic  of the catalogs, slashed the
            ings have stabilized — and  direct marketing agency in  ing to the American Cata-      roughly from 22 to 38  that's  number  of  pages  and  be-
            may be growing — after a  California.  "They've  got  to  log Mailers Association.     helping  to  breathe  some  came selective about their
            decline of about 40% since  find some new way to drive  The industry still faces chal-  new life into the sector, in-  mailings,  said  Jim  Gibbs
            the Great Recession.         traffic to their websites."  lenges,  but  there's  reason  dustry officials say.      from  The  Dingley  Press,  in
            New  companies  are  mail-   Catalog  retailers  slashed  for  some  optimism,  said  In fact, millennials are more  Lisbon, Maine, which prints
            ing  catalogs.  And  even  mailings,  and  some  aban-    Hamilton  Davison,  presi-   likely  than  baby  boomers  and mails about 330 million
            died-in-the-wool     online  doned  catalogs  altogeth-   dent of the mailers associa-  to  visit  a  store  based  on  catalogs a year.q


            German jobless rate ticks up to 4.9% in December



            BERLIN  (AP)  —  Germany's  said  Friday  that  the  un-  month  and  18,000  more  pated recession in the third  spark the modest growth.
            unemployment rate ticked  adjusted  jobless  rate,  the  than a year earlier.          quarter. It grew 0.1% in the  Germany's  central  bank
            up  to  4.9%  in  December  headline  figure  in  Germa-  The  seasonally  adjusted  July-September        period  has  said  that  output  likely
            as  the  labor  market  in  Eu-  ny, was up from 4.8% in No-  rate remained at 5%, where  compared  with  the  previ-  remained  flat  in  the  fourth
            rope's  biggest  economy  vember.                         it has stood for months.     ous  quarter,  when  it  con-  quarter.q
            showed some signs of eco-    In  all,  2.227  million  people  The   economy   narrowly  tracted  by  0.2%.  Strong
            nomic weakness, though it  were  registered  as  unem-    avoided  a  widely  antici-  domestic spending helped
            remained generally robust.   ployed.  That  was  47,000
            The Federal Labor Agency  more  than  the  previous
























            The sun rises over the buildings of the banking district in Frank-
            furt, Germany, on a misty Wednesday, Jan. 1, 2020.
                                                     Associated Press
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