Free Standing Insert coupon activity decreased 1.2% over the first six months of 2012 versus the same time period a year ago, Kantar Media reported Tuesday.
Beauty company Physicians Formula Holdings has completed the previously announced refinancing of its subordinated debt held by Mill Road Capital, and expects interest expense to be reduced by $1.5 million for the first 12 months, following the refinancing.
Who’s clipping coupons? Ironically, coupon redemptions in the wake of the Great Recession are heaviest among higher-income, better- educated Americans, researchers reported.