Classic Catalog Retailers Merge

Privately held Taylor Corp., based in Colorado Springs, Colo., announced that its subsidiary Current USA would acquire Lillian Vernon Corp. last month. The two retailers, which sell via catalogs and on line, offer complementary products including stationery, home decor, gifts, accessories, personalized items and seasonal merchandise. The company plans to continue operating the acquired business from the Lillian Vernon headquarters facility in Virginia Beach, Va.