Deluxe will choose seven to 10 participants for Project REV 2012, a year-long marketing lab that will provide small business owners with the tools and expert resources needed to grow their businesses. Each will receive $15,000 in marketing products and services.
Deluxe Corp. has acquired the net operating assets of PSPrint LLC for $45 million in cash. The Oakland, CA-based provider of online printing services also offers custom graphic design, direct mailing list creation and direct mail fulfillment services.
With publicly held companies on the 2010 Printing Impressions 400 reporting sales declines for their most recently completed fiscal years, pay levels for the principal officers at these large firms didn't necessarily follow suit. For most of the executives appearing here, their overall salaries were up significantly.
This user-friendly ecommerce tool, from Deluxe's Franchise Services group, provides PostNet franchisees with easy access to PostNet-branded marketing materials and store supplies. It enables a uniform presentation of the PostNet brand, which helps to assure customers of a quality, consistent experience across PostNet locations.
Folks at Deluxe Corp. insist the old-fashioned check has a place in an economy increasingly driven by charge cards and electronic payments. One of the largest check-producers in the country, Deluxe continues to hang in there, with well more than half its $1.3 billion in sales coming from selling checks.
While studies predict fewer than 15 percent of purchases will be made by check within a few years, Shoreview-based Deluxe says consumers should be able to choose between paper and plastic. The company has even launched a publicity campaign to make its point.
Its revenue for the first quarter was $335.1 million, compared to $339.5 million in Q1 2009, and operating income was $69 million vs. $27.2 million.
Deluxe paid $98 million in cash for the provider of direct-to-consumer checks and says it has no immediate plans to close any facilities as a result of the acquisition.
Printing Impressions' Upfront Commercial Printing News for April 2009
IT STARTED out pretty innocently for John Abel, a press operator from West Berlin, NJ. He entered a Buick contest last March in the unrealistic hope that he would win one of the top prizes, a new Buick automobile. He would give the car to his wife of 32 years, Roe.
IF THIS magazine chose to hand out an award for the biggest newsmaker of the year, the 2008 honor would go to Quebecor World (QW), hands down. One might contend that the attention, while merited, is not the type of exposure a company would want: Financing issues, trying to sell an unprofitable venture and muddling through with bankruptcy in two countries. But Quebecor World is a printer for our economic times, the No. 2 in North America at a time when market leaders (Circuit City, AIG, Lehman Bros.) have come crashing down.
