Costco Wholesale Corporation Reports September Sales Results

Stein Mart, Inc. today reported total sales for the four-week period ended November 28, 2015 of $126.4 million, a 1.2 percent decrease over total sales of $127.9 million for the four-week period ended November 29, 2014. Comparable store sales for the four-week period ended November 28, 2015 decreased 4.8 percent from November 2014.

Gannett Co., Inc. (NYSE: GCI) announced that its subsidiary, Gannett SpinCo, Inc., today filed a Form 10 Registration Statement with the U.S. Securities and Exchange Commission (“SEC”) in connection with Gannett's previously announced plan to separate into two publicly traded companies, a publishing company under the current Gannett name and a broadcasting and digital company under a new name. The planned separation, which will be effected through a tax-free dividend of shares in the publishing company to existing Gannett shareholders, is on track to be completed in mid-2015. Gracia Martore, president and chief executive officer, said, “The filing of the registration statement for the publishing business is a key step forward in completing our separation, which will create two sharply focused, independent companies with enhanced flexibility to align their strategies and resources with their growth profiles and priorities.”

Barnes & Noble, Inc. announced a $1 million book donation to First Book for areas affected by hurricanes Harvey and Irma. The donation features thousands of children’s books for a variety of ages including chapter books, board books, picture books, and coloring books, and will be delivered by First Book to schools and local charities in both Texas and Florida. The donation underscores Barnes & Noble’s support of First Book, a nonprofit social enterprise that has distributed more than 170 million books and resources to kids in need – including a focused effort providing books to children affected by natural disasters. Click Read More below for additional detail.