Barnes & Noble, Inc. (NYSE: BKS), today announced the filing of a Registration Statement with the U.S. Securities and Exchange Commission in order to effect a separation of Barnes & Noble Education (which comprises the Barnes & Noble College business) from Barnes & Noble’s Retail and NOOK Digital businesses. The planned separation will, when consummated, create two independent, publicly traded companies. The separation is intended to be a tax-free distribution to Barnes & Noble shareholders and is anticipated to be completed by the end of August 2015, subject to customary conditions. Barnes & Noble believes that the separation will allow each business to optimize its strategic opportunities. As more focused companies with differing potential growth profiles, capital needs and market dynamics, each company will benefit from strategic clarity and separate management and Board focus. The separation will also allow investors to assess each business more clearly as a stand-alone company.
This week is expected to be the busiest week of the holiday mailing and shipping season for the Postal Service. The organization expects to process and deliver nearly 3 billion pieces of First-Class Mail, including greeting cards this week alone. The Postal Service also expects to deliver nearly 200 million packages each week from Dec. 11-24.
The Postal Service anticipates delivering more than 15 billion total pieces of mail this holiday season. Between Thanksgiving and New Year’s Day, USPS expects to deliver more than 850 million packages, an increase of more than 10 percent compared to the same period last year.
The Postal Service already delivers packages on Sundays in most major cities and, to handle the surge in volume, the organization is expanding its Sunday delivery operations in select high package volume locations during the holiday season. USPS expects to deliver more than 6 million packages each Sunday in December. Mail carriers will also deliver Priority Mail Express packages on Christmas Day in select locations.
Ship Online from Home
The Postal Service also predicts that today will be the busiest day for online postal consumers. More than 7 million customers are predicted to avoid holiday hassles and visit usps.com for help sending special gifts. Millions of customers will take advantage of convenient online services, like Click-N-Ship, to order free Priority Mail boxes, print shipping labels, purchase postage and request free next-day Package Pickup. And unlike many brick-and-mortar stores, usps.com is always open.
The Postal Service’s new feature, Informed Delivery, makes tracking packages easy. The tool allows eligible consumers to view incoming mail, track packages and reschedule deliveries. Customers can sign-up for free at usps.com/informeddelivery.
2017 Holiday Shipping Deadlines
The Postal Service recommends the following mailing and shipping deadlines for expected delivery by Dec. 25:*
•Dec. 19 – First-Class Mail (including greeting cards)
•Dec. 20 – Priority Mail
•Dec. 20 – Hawaii to Mainland Priority Mail Express
•Dec. 20 – Alaska to Mainland Priority Mail and First–Class Mail
•Dec. 21 – Alaska to Mainland Priority Mail Express
•Dec. 22 – Priority Mail Express
more at: http://about.usps.com/news/national-releases/2017/pr17_080.htm