The Home Depot® announced that it has acquired The Company Store, a leading online retailer of textiles and home décor products, from Hanover Direct. The deal closed on December 19 and terms were not disclosed. In addition to its success as an online retailer, The Company Store has strong relationships and industry leading capabilities in the development and sourcing of high quality textiles across bedding, bath, and related categories. Founded in 1911, The Company Store has a rich history of providing products that are highly sought after by customers as they put the finishing touches on a room. Click Read More below for additional information.
The United States Postal Service reported new delivery performance metrics for the first three weeks of the fiscal fourth quarter. During the reporting period, the average time for the Postal Service to deliver a mailpiece or package across the nation was just 2.5 days.
FY2022 fourth quarter service performance scores covering July 1 through July 22 included:
*First-Class Mail: 93.0 percent of First-Class Mail delivered on time against the USPS service standard, a decrease of .3 percentage points from the fiscal third quarter.
*Marketing Mail: 93.8 percent of Marketing Mail delivered on time against the USPS service standard, a decrease of .8 percentage points from the fiscal third quarter.
*Periodicals: 86.4 percent of Periodicals delivered on time against the USPS service standard, a decrease of .3 percentage points from the fiscal third quarter.