April 30, 2019 — This morning, House Oversight and Reform held a full committee hearing to examine the dire financial straits of the US Postal Service and find ways to get postal reform legislation introduced, out of Committee, and onto the floor for passage this year. Encouraged that the Committee held the hearing, the American Catalog Mailers Association submitted testimony urging Congress to take positive steps as outlined in a broad stakeholder consensus first, then consider the additional long-term changes required to ensure a viable USPS. ACMA’s testimony, which was one of five submitted on the record, can be found here. “Longer-term changes involve hard choices that require significant debate between postal customers and management with support from employees,” said ACMA President & Executive Director Hamilton Davison. “Various ideas have been floated over the past several years, but each found significant opposition. Without resolving these competing demands, a viable long-term solution is impossible. Click Read More bellow for additional information.
Costco Wholesale Corporation (“Costco” or the “Company”) (NASDAQ: COST) today reported net sales of $10.75 billion for the month of September, the five weeks ended October 4, 2015, an increase of two percent from $10.57 billion during the similar period last year.
Costco currently operates 687 warehouses, including 481 in the United States and Puerto Rico, 89 in Canada, 36 in Mexico, 27 in the United Kingdom, 23 in Japan, 12 in Korea, 11 in Taiwan, seven in Australia and one in Spain. The Company plans to open up to an additional 12 new warehouses (including one relocation) before the end of calendar year 2015. Costco also operates electronic commerce web sites in the U.S., Canada, the United Kingdom and Mexico.