After years of declining sales and operating losses, Courier Corporation has finally sold “certain of its Creative Homeowner publishing assets” to Fox Chapel Publishing, including “more than 100 active titles in home design, home improvement, landscaping and gardening.” The sale price was not disclosed for now (though likely will be in Courier’s next quarterly report). Creative Homeowner has suffered recently as their “largest distribution customer” went out of business earlier this year, resulting in an $825,000 write-off and reduced sales. And CH has suffered for years due to the economy, and loss of business at other key outlets from Borders to Home Depot. Courier […]
