Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $21.46 billion for the retail month of September, the five weeks ended October 2, 2022, an increase of 10.1 percent from $19.50 billion last year.
more at: https://investor.costco.com/news-releases/news-release-details/costco-wholesale-corporation-reports-september-sales-results-7
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The Paper Receipts Converting Association (PRCA) is pleased to announce that California Bill AB 1347, which proposed stringent regulations on the use of paper receipts in the state, failed to move past Senate Appropriations last week. A victory for consumers and industry alike, the bill will not move forward in the state’s 2023-24 legislative session. Upon AB 1347’s introduction earlier this year, PRCA quickly began to communicate the value of paper receipts to lawmakers in California, working closely with other groups such as the American Forest and Paper Association, the California Chamber of Commerce, the California Retail Council, and local community groups like the Imperial Valley Food Bank and Long Beach’s Su Casa. As the bill aimed to limit the use of paper receipts in the state, PRCA championed not only the consumers who prefer tangible paper records, but also those who depend on them.
L Brands, Inc. announced the appointment of Chief Financial Officers for the standalone Bath & Body Works and Victoria’s Secret businesses. Upon the completion of the spin-off of Victoria’s Secret, which is targeted to occur in August 2021, Wendy Arlin, currently SVP of Finance and Controller for L Brands, will become Bath & Body Works CFO, and Tim Johnson, previously CFO and Chief Administrative Officer for Big Lots, will become Victoria’s Secret CFO. As previously announced, current L Brands CFO Stuart Burgdoerfer will retire at that time.
Mohawk Fine Papers, Inc. introduced the fourteenth issue of its celebrated Mohawk Maker Quarterly at the HOW Design Live Conference in Boston, MA. Each issue of the Mohawk Maker Quarterly relies on a theme for its creative framework. Issue No. 14 of the Mohawk Maker Quarterly is titled Lead & Serve and celebrates those who pave the way by helping others find their paths. Consistent with the ongoing strategy behind the publication, this issue seeks to provide thought-provoking inspiration for graphic designers around the world through engaging content and carefully-considered design on paper. Issue No. 14 is the largest body of content to date, with 224 pages of words and images presented in the oh-so familiar form of a book. The 6.5 x 8.5” format is organized in four chapters, including Mohawk’s regular feature, The Movement; highlighting makers and their projects from around the world. The team at Hybrid Design in San Francisco, CA has struck a perfect balance between visual and word essays, all carefully curated to support this issue’s theme, Lead & Serve. Click Read More below for additional information.