I imagine most publishers approach ABC day the same way that Vince Vaughn reads his film reviews. Dutifully, but with a gnawing sense of resignation. After all, there’s nothing like a page full of YoY% and PoP% minus signs to get the print doomlords and naysayers rubbing their hands in glee. Trinity Mirror Solutions even coined a name for this negativity: “printism”, thereby drawing attention to a growing consensus in the advertising industry that the medium isn’t "sexy” and that you’re unlikely to win an award or earn a promotion off the back of print activity. The reality is somewhat more nuanced. Whilst it’s true that February’s ABC figures revealed an average annual circulation decline of 4%, 60 magazines posted an uplift and some titles appear to be thriving. Stylist continues to prosper, the NME and Time Out both recorded the highest ABC figures in their history, Shortlist and Sport posted increases which maintained their position as the two most popular men’s magazines on the market and The List saw its circulation rocket by 67%. Of course, these titles all have a couple of things in common, other than their success. They are all free and they are all aimed squarely at the millennial market that we were told had fallen out of love with print.
Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $10.59 billion for the retail month of July, the four weeks ended August 5, 2018, an increase of 10.1 percent from $9.62 billion last year. For the first forty-eight weeks of fiscal 2018, the Company reported net sales of $127.40 billion, an increase of 12.1 percent from $113.70 billion last year.
more detail at: http://phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-newsArticle&ID=2362907