Costco Wholesale Corporation Reports April Sales Results

L Brands, Inc. reported net sales increased 10 percent to $851.9 million for the four weeks ended June 2, 2018, compared to net sales of $774.3 million for the four weeks ended May 27, 2017. Comparable sales for the four weeks ended June 2, 2018, increased 5 percent compared to the four weeks ended June 3, 2017. The company reported net sales of $3.478 billion for the 17 weeks ended June 2, 2018, an increase of 8 percent compared to net sales of $3.211 billion for the 17 weeks ended May 27, 2017. Comparable sales for the 17 weeks ended June 2, 2018, increased 3 percent compared to the 17 weeks ended June 3, 2017. Click

As it does twice each year, GfK MRI released its latest round of magazine audience estimates—the average per-issue readership among U.S. adults for about 200 of the most widely-read magazines—based on consumer research conducted over a nine-month period. The Spring 2018 figures—drawn from the two most recent waves of survey data, running from September 2017 to May 2018—reveal that AARP The Magazine has extended its lead over People as America’s most widely-read print magazine pound-for-pound, averaging an estimated 38.6 million readers per issue. Click Read More below for additional information.

In the aftermath of Hurricane Harvey, members of the children’s book community—including teachers and literacy activists—have rallied in support of students and educators. A number of authors have also organized efforts to provide books, clothes, and other basic-needs items to children and families affected by the storm. Back in 2012, author Kate Messner launched KidLit Cares, an online talent auction of children’s book art and other items, in response to Hurricane Sandy. The first auction brought in more than $35,000. Messner recently reprised the initiative when she learned of the devastation caused by Harvey. “Like so many people, I watched the news about Hurricane Harvey and its aftermath and was absolutely heartbroken to see so many families in crisis. The scope of that storm was devastating, and it hit vulnerable populations the hardest. I wanted to do something and knew that I wasn’t alone,” she said. Click Read More below for more of the story.