Back on March 6, PRC sent back proposed adjustments to rates on Standard Mail, Periodicals, and Package Services to USPS, citing lack of compliance with Title 39 regulations on several fronts. Among items in question were unequal discounts between nonprofit and commercial mailers, Standard Mail work-sharing discounts exceeding 100% of avoided costs, and improperly calculated adjustments made in new Flats Sequencing System (FSS) price cells. The PRC contended in yesterday's order that USPS failed to explain why it used non-FSS volumes as a proxy for determining adjustments for certain FSS classes. The Postal Service was allowed to do this, but only if it provided an adequate explanation of why the use of available Q4 data on FSS volume was not possible, which it did not, according to the PRC.
Outdoor apparel retailer Patagonia saw record sales on Black Friday that blew past all estimates — and it plans to donate all the revenue.
Before Thanksgiving, the eco-activist brand announced it would give away 100% of its global retail and online Black Friday revenue to grass-roots environmental groups working to protect the air, water and soil for future generations. Its total take for the day: a record-breaking $10 million.
“We’re humbled to report the response was beyond expectations … We expected to reach $2 million in sales — we beat that expectation five times over,” stated Rose Marcario, president and CEO, Patagonia. “The enormous love our customers showed to the planet on Black Friday enables us to give every penny to hundreds of grassroots environmental organizations working around the world.”
Patagonia noted that along with many loyal customers, the initiative attracted thousands who have never purchased anything from Patagonia before.