Forest Stewardship Council, the world’s most trusted forest certification system, announced its 2019 FSC Leadership Awards in a celebration held in conjunction with Greenbuild 2019. Recognizing enduring commitment to forest conservation, the Awards highlight uncommon excellence that advances responsible forest management. “From biodiversity and carbon storage to a sustainable supply of wood and fiber, people are waking up to the importance of responsibly managed forests to tackle some of the world’s biggest challenges,” said Corey Brinkema, president of the Forest Stewardship Council U.S. “This year’s FSC Leadership Award winners demonstrate that we can conserve forests, fight climate change and protect wildlife habitat, even as we use forest products every day,” he added. FSC Leadership Awards celebrate forest owners, builders, architects, retailers, paper mills, manufacturers, environmental organizations and many others who contribute to the movement toward responsible sourcing and forest management.
Publishers are breathing a sigh of relief after a weeks-long stretch of receiving low orders from Amazon came to an end this week, with several publishers telling PW that new orders far surpassed orders from the previous few weeks. “I am glad to report that we received a massive order the other night that makes up for the shortfall in November and then some,” said the CEO of an independent publisher. Last week, a number of companies reported that since late October, orders from the e-tailer were running well below the comparable period in 2018, with one publisher saying orders were down by 75% two weeks in a row. The reason for the decline was not entirely clear. Some companies had been told the lower orders were made to ease congestion at the company’s distribution centers.
REI Co-op will open a new store in Pigeon Forge, Tennessee in spring 2020, bringing quality outdoor gear, rentals, expertise and experiences to the region. Designed to be a gateway to outdoor adventures in Great Smoky Mountains National Park, the new 21,500 square-foot store will offer numerous ways for people of all skill levels to get outside. Located in The Tower Shops at The Mountain Mile shopping center, REI Pigeon Forge is designed to both serve the nearly 250,000 lifetime co-op members in Tennessee and the millions of visitors that adventure in the region every year. “When exploring the Great Smoky Mountains, one of the best places to start is Pigeon Forge,” said Gail Kirkland, REI regional director for the south. “From hiking to backpacking to mountain biking, our goal is to connect our members to the activities they love and the ones they are eager to try.”
Meredith Corporation and globally recognized lifestyle tastemakers Drew and Jonathan Scott announced that the name of their new quarterly magazine is Reveal. Reveal will debut on newsstands nationwide on January 10, 2020, with a cover price of $9.99 and an initial newsstand print run of 750,000. Through its channels Meredith has already begun soliciting a premium pricing annual subscription of four issues for $20. Consumers interested in subscribing can do so at Magazine.Store/Reveal.
The new IKEA print catalogue is hitting the stores this week, and with its fresh evidence for the huge value brands place on paper. But it’s not just the Swedish furniture giant that’s putting its trust in print. The first couple of weeks of September is a momentous time in the lives of millions of homeowners around the world. Whether they want to completely redesign their homes, installing new kitchens or bathrooms, or just want a few extra bits of storage, early September marks a new beginning thanks to the arrival of the print version of the world’s most popular catalogue. The moment the IKEA print catalogue drops in the furniture brand’s 424 stores across the world marks an annual triumph for print. You should know the figures by now: 180 million copies, 283 pages, 72 different versions, 29 different languages. IKEA understand that the catalogue is their single most important piece of marketing – that’s why they devote 70% of their marketing budget to it.
Ahead of a new round of contract talks, Canadian National (NYSE: CNI) warned of a “significant disruption” to service from the ongoing strike by about 3,200 employees. “We are disappointed that the TCRC (Teamsters Canada Rail Conference) has initiated strike action,” Janet Drysdale, CN’s vice president of financial planning, said during the Scotiabank Transportation and Industrials Conference on Nov 19. The federal government, which has been mediating talks between CN and the Teamsters, urged the two sides to reach an agreement.
Forest Products Association of Canada (FPAC) issued a statement today signalling the sector’s concern over disruptions to Canada’s rail transport system. “Canada’s forest products sector is responsible for 10% of the total tonnage transported through Canada’s railways, often in remote locations where alternative transportation is limited or unavailable, noted FPAC President and CEO Derek Nighbor. “Further compounding the severity of a disruption is the ongoing truck driver shortage, which means additional costs, higher rates and an inability to ship products to customers,” he continued. “While FPAC respects the collective bargaining process, and the right of workers to go on strike, we are concerned about the devastating economic impacts this dispute will have on our industry, which is already facing significant headwinds, not to mention the impacts on forestry families and communities”.
Metsä Board, part of Metsä Group, is one of the founding members of the new 4evergreen industry alliance together with other members of CEPI, the European association representing the paper industry. The new alliance aims to boost the contribution of fibre-based packaging in a circular and sustainable economy that minimises climate and environmental impact. “Extensive, global collaboration is essential in promoting circular economy and combating climate change. Together we can utilise the full potential of fibre-based packaging and provide solutions based on renewable raw materials for packaging of the future,” says Mika Joukio, CEO of Metsä Board.
Mittera Group announced it has acquired the assets of Fuse LLC, a Chicago printing and marketing business comprised of Kelmscott Communications, KelmscottEDU, Rider Dickerson and The Buhl Press. The Fuse client relationships, personnel and infrastructure will join Mittera’s national network of print production and integrated marketing facilities and professionals, allowing a seamless customer experience with expanded capabilities. John Hamilton, a Director at Mittera since 2014, has been named President of Mittera Chicago and will oversee the operations of Mittera’s current sales office and the Berkeley, Illinois facility. “We are excited to grow our Chicagoland presence, and look forward to offering Fuse clients an enhanced suite of services,” said Hamilton.
“After seven consecutive quarters of comparable sales growth, we experienced a deceleration in our third quarter sales. While we anticipated a negative comp as we were lapping a very strong third quarter last year, the sales deceleration was steeper than we expected. However, having cleared the excess inventory we faced earlier in the year, we were able to take a more balanced approach to sales and profit in the quarter, resulting in significantly improved margin compression versus the first half of the year,” said Jeff Gennette, chairman and chief executive officer of Macy’s, Inc. “Our third quarter sales were impacted by the late arrival of cold weather, continued soft international tourism and weaker than anticipated performance in lower tier malls. We also experienced a temporary impact on our e-commerce business due in part to work on the site in preparation for the fourth quarter. The team has completed that work, the site is upgraded and our customers can expect an improved experience this holiday season. Based primarily on the impact of our third quarter sales trend, we are updating our annual guidance.”