GQ is confident it’s worth at least another buck on the newsstand. Today the brand announced it’s raising its newsstand cover price by 14 percent, from $6.99 to $7.99. The price increase for the 12-issue monthly will take effect starting with its September issue. The brand says that the increase is a response to the engagement with a higher priced, upgraded book for its 2015 Men of the Year issue, which featured better paper and a larger trim size. “The print market is shifting and changing at a dramatic rate, but the one constant that remains is consumers still understand and appreciate quality,” said publisher and CRO, Howard Mittman, in a statement. “In a world full of disposable content, GQ invests in quality editorial and premium experiences in ways no other men’s brand can.” click Read More below for the rest of the story
Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq:COST) today reported net sales of $11.26 billion for the month of November, the four weeks ended November 26, 2017, an increase of 13.2 percent from $9.95 billion during the similar period last year.
For the twelve-week first quarter of fiscal year 2018 ended November 26, 2017, the Company reported net sales of $31.13 billion, an increase of 13.3 percent from $27.47 billion reported in the twelve-week first quarter of fiscal 2017.
While this year’s twelve-week first quarter included one less sales day than the first quarter last year (due to the shift of the Thanksgiving closure this year), pre-Thanksgiving and Black Friday/holiday weekend sales fell into the first quarter this year compared to the second quarter last year. Combined, these factors produced an estimated net benefit of approximately 1.5% in the U.S., and slightly less worldwide.
more at: http://phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-newsArticle&ID=2319305