Print Units Fell 3.5% Ahead of Christmas (publishersweekly.com)

GNC Holdings Inc. has filed for Chapter 11 bankruptcy protection with plans to close at least 800 to 1,200 stores as it looks to cut its debt and restructure amid the COVID-19 crisis. The struggling, 85-year-old vitamin and supplement retailer said it has reached an agreement with the majority of its secured lenders and key shareholders to pursue a dual-path restructuring process that will allow the company to emerge as a standalone business or for it be sold as a going concern. The plan allows GNC to restructure its balance sheet and accelerate its store optimization strategy.

FY24 second quarter service performance scores covering January 1 through January 5, included: *First-Class Mail: 87.5 percent of First-Class Mail delivered on time against the USPS service standard, an increase of 1.6 percentage points from the fiscal first quarter. *Marketing Mail: 93.4 percent of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal first quarter. *Periodicals: 82.0 percent of Periodicals delivered on time against the USPS service standard, an increase of 1.3 percentage points from the fiscal first quarter.

Savvas Learning Company is proud to announce that it has been named “LMS Solution Provider of the Year'' by the 2022 EdTech Breakthrough Awards program. The award honors the K-12 learning solutions provider for its popular Savvas Realize learning management system (LMS), recognizing the company as an innovator and leader “driving the global digital transformation of the education industry.” An award-winning platform since its inception, Savvas Realize is the publishing industry's most versatile LMS and the digital home to more than 1,000 high-quality, engaging Savvas programs. The single sign-on Realize platform allows educators to access a vast array of standards-aligned content, customize materials, monitor student progress, and create lesson plans and activity playlists. It also provides data-driven insights to help teachers differentiate instruction and personalized, real-world learning experiences to increase student engagement — all on one easy-to-use platform. Winners of this year’s EdTech Breakthrough Awards, which showcase technologies and companies that drive innovation and exemplify the best in edtech solutions, were selected from more than 2,250 nominations based on innovation, design, user experience, and overall technological advancement.