Paper Clips

June 2026

Nordstrom, Adidas team up for World Cup style

Nordstrom and Adidas designed a shopping experience for fans of both style and soccer.  FIFA-branded jerseys will be available for purchase, along with soccer-inspired footwear and apparel. Adidas footwear will be available in World Cup colorways, along with products for women, men and children.  “Together, we’ve created an experience that blends sports and style with a product offering that is curated, fashion-forward, and uniquely Nordstrom,” Tacey Powers, executive vice president and general merchandising manager of shoes at Nordstrom, said in a statement about the collaboration. “From our NYC Flagship, and our hometown of Seattle, to stores across the country, we’re excited to bring this experience to life for our customers.”
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McGraw Hill Posts Small Profit on Flat Sales in Fiscal 2026

Issuing its first full year of financial results since it went public last July, McGraw Hill reported that sales for the fiscal year ended March 31, 2026, remained basically flat at $2.1 billion. However, lower costs resulted in the education and professional solutions publisher posting net income of $35.3 million, compared to a net loss of $85.8 million in fiscal 2025. The financial release shows just how much of MH’s sales are now of digital products, with the format accounting for about 68% of all revenue, or $1.43 billion, compared to $669.1 million for print.
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Amazon sellers are feeling better about Prime Day, but they’re still watching margins

Earlier this month, Amazon announced that Prime Day will run June 23 through June 26, marking the second year in a row that the company has expanded the event beyond its traditional two-day format. The sale arrives after a turbulent spring for many merchants, who grappled with a series of Amazon policy changes, new fees and concerns about cash flow. But unlike last year, when tariff uncertainty dominated conversations among sellers, many brands say they now have a clearer picture of their costs heading into one of Amazon’s biggest shopping events. “People are excited for Prime Day, and people are less pessimistic about Prime Day summer than they were last year,” said Adam Wilkens, founder of Amazon consultancy Dotcom Reps, which advises around 30 merchants. Wilkens said Prime Day is “widely anticipated” among many sellers. Last year, he said, “There was a reluctance or uncertainty around tariffs that is no longer an uncertainty.”
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USA Today names Florida mall the nation’s best for second year in a row

Aventura Mall, a luxury center near Sunny Isle Beach, halfway between Fort Lauderdale and Miami, has retained its title as the best mall in the United States by USA Today’s 10Best Reader’s Choice Awards. "Being named once again as the Best Mall in America is an incredible honor and a testament to the experiences created every day for our guests, tenants, and community," said Jackie Soffer, the CEO of Turnberry, Aventura Mall’s developer. The up-market retail destination’s tenant list is highlighted by a long line of luxury brands that include Prada, Dior, Hermès, Gucci, Louis Vuitton and Cartier.
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The brand infrastructure question every CMO should be asking

For most marketing teams, the promise of AI for marketing teams has largely delivered. Content that used to take days now takes hours, teams that used to bottleneck on design are shipping independently, and the volume question has largely been answered: how do we produce enough, fast enough, across enough channels? But spend any time talking to CMOs right now and a different question keeps surfacing. Not “are we using AI"? Almost everyone is. And that’s compounding the problem. It’s “how do we make sure everything is still on brand?” Keeping content on-brand at that speed and scale turns out to be a harder problem to solve than anyone anticipated.
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The men’s grooming opportunity at the World Cup

On June 16, Lionel Messi will appear at Kansas City’s Arrowhead Stadium to begin his sixth and potentially final World Cup campaign. Four years ago, the living soccer legend led Argentina to victory at the 2022 FIFA World Cup in Qatar. Now, Argentina will play its opening game in the 2026 North America-based edition of the international soccer tournament against Algeria, with the 38-year-old Messi still the undisputed star of the South American squad.  Messi will also be appearing at a Kansas Ulta Beauty store — sort of. On Friday, the soccer star’s namesake fragrance brand will host a giveaway for the launch of the Messi Elixir fragrance, where select attendees will be able to snag Messi fragrance swag and sign up for a chance to win a signed Messi jersey.   Four years after Qatar, that now includes grooming brands looking to use the power of soccer to reach the evolving male beauty consumer base.   “The World Cup is like 50 Super Bowls all in one, over the course of a month,” said Steven Koss, president and CEO of Sheralven.   Getting in on the excitement is Unilever. The personal care and beauty giant will be the official personal care sponsor of the men’s edition of the FIFA World Cup for the first time in 2026. Its brands, including Dr. Squatch and Dove, will launch limited-edition products and marketing campaigns around the tournament.
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Sorry, Dad: You’re Still The Backup Holiday

In many ways, Father’s Day -- always a bit of a retail afterthought, compared to mom's day -- will look the same as it always does this year. The National Retail Federation reports about 77% of the consumers it surveyed intend to celebrate Dad in some way, in line with previous years. And while it expects spending to hit a record $27.9 billion, that’s likely due to inflation rather than devotion. For context, the NRF forecast $38 billion on Mother's Day this year, nearly $10 billion more than Dad's record haul. But the research did detect some shifts, with more people looking to give a gift like a wearable tech item or shaving-related products. While nearly every gift category is seeing an increase in planned spending this year, electronics and personal-care items have the largest gains.
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Swedish Forest Agency Says Reduced Logging Delivers Limited Climate Benefits at High Cost

Proposals to reduce forestry activity and increase protected forest areas have become an important part of the European forestry debate. However, according to a new impact assessment, such measures risk leading to lower production, tens of thousands of lost jobs, and higher societal costs — without delivering any climate benefits. A central question addressed in the report is how reduced forestry activity would affect the climate. The analysis shows that carbon storage in forests may increase in the short term when less timber is harvested. In the longer term, however, forest growth declines, which according to the report's authors leads to reduced carbon sequestration both in forests and in wood products. According to the report's authors, the focus should therefore be on maximizing the climate benefits of Swedish forests through active management and the continued development of resource-efficient products and materials.
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New climate report from UPM Communication Papers marks major progress toward 2030 climate target

UPM Communication Papers has published its 2025 climate report, showing strong progress on the climate action roadmap. In Europe, fossil CO₂ emissions from own operations and purchased energy (Scope 1 and 2) fell by 38% per tonne of paper in 2025, measured against the 2023 baseline year. The reduction demonstrates accelerated implementation of the climate action roadmap. In November 2025, UPM Communication Papers launched its climate action roadmap with a target to reduce fossil CO₂ emissions from its own operations and externally sourced energy at European mills to an average of ≤100 kg per tonne of paper by 2030. This equals a reduction of more than 70% compared to the 2023 baseline.
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Bill in Congress targets PFAS, phthalates, BPA in food packaging

The No Toxics in Food Packaging Act seeks to ban certain chemicals from food packaging and food processing materials. Environmental Defense Fund shared an analysis last December indicating there are eight known human carcinogens and 17 probable human carcinogens that FDA allows for food-contact use. The Netflix documentary The Plastic Detox, which examined connections between plastics exposures and infertility, further spotlighted related issues this year. Groups like the American Chemistry Council have said the film leaves out critical context.
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Kohl’s prices ‘hundreds of items’ below $20 for summer sale

Kohl’s is courting shoppers seeking discounts for dorm room essentials, school supplies and summer wardrobe upgrades. The department store moved its summer sale to June. Last year, its four-day Summer Cyber Deals event launched in July — one day prior to Amazon’s Prime Day. Meanwhile, other major retailers this year are also rolling out their summer sales earlier. Amazon recently announced its Prime Day sale will take place between June 23 and June 26. Following that change, Walmart and Target each announced summer sales on or around those same dates.
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Flexible Packaging Updates: 5 Things to Know

Flexible packaging is already one of the most efficient packaging formats — and it’s on a fast track to better sustainability. Many solutions to improve end-of-life outcomes are already in play, even as new materials and technologies are researched, developed, and commercialized. These advances are creating a real opportunity to accelerate both the rate, quality, and cost justification for producing film and flexible packaging that’s actually recycled. At the same time, major manufacturers are scaling up — expanding capacity, upgrading production lines, and leveraging the power of partnerships. The result is a market pivoting to smarter, safer, and more sustainable new products. Click on the link to read more from Packaging Digest.
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Resetting cost competitiveness in pulp and paper packaging

The pulp and paper packaging industry is undergoing a structural reset. For several years, the industry has faced slowing demand with limited growth, partially due to factors such as the COVID-19 pandemic, the war in Ukraine, the conflict in Iran, and increased use of tariffs. Persistent overcapacity across grades and elevated volatility in input costs, particularly for fiber (in certain geographies such as Europe and large parts of North America) and energy (across the globe), have also had an impact. For decades, the pulp and paper packaging industry operated on a stable economic model: high asset intensity, strong variable margins, and a focus on maximizing throughput to absorb fixed costs. That model is now under sustained pressure. At the same time, companies have expanded their capacity and converted legacy assets (such as reconfiguring newsprint machines to produce containerboard), creating persistent oversupply in several segments. In parallel, postpandemic demand has normalized, e-commerce growth has stabilized, and consumer demand has weakened, leading to flat or declining volumes across many end markets.
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Amazon opens less-than-truckload freight offering beyond partners

Amazon is expanding its third-party logistics presence and potential to compete with UPS and FedEx. The online giant is extending the availability of its U.S. less-than-truckload (LTL) freight beyond its current inbound-to-Amazon offering to any type of destination. This includes third-party warehouses, distribution centers, and retail partners. The new expanded LTL service is part of the suite of offerings from Amazon Supply Chain Services (ASCS), a third-party logistics platform the company launched in May 2026.
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Amazon opens carbon credit service to qualified UK companies working to reduce their climate impact

The service is available to UK-based companies that:  -Have set a net-zero carbon emissions target for no later than 2050, covering Scope 1, 2, and 3 emissions  -Measure and publicly report greenhouse gas emissions on a regular basis These requirements make sure that credits sit alongside meaningful work to cut emissions, not in place of it.  UK companies will have access to a growing portfolio of credits across multiple climate solutions:  Reducing deforestation-Restoring forests-Direct air capture-Superpollutant abatement-Lower-carbon fuel insets
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HEIDELBERG forges ahead with transformation – foundations laid for medium-term growth

Based on its strong industry and systems expertise, HEIDELBERG has adopted an approach centered on dual-use technologies to systematically tap into additional markets in the areas of defense, security, energy, charging infrastructure, and industrial system solutions. One key aspect of this strategy is combining all relevant activities under the umbrella of HD Advanced Technologies GmbH.  By systematically building up its defense business, HEIDELBERG has established a further new mainstay alongside its e-mobility subsidiary Amperfied. One example of this strategy in action is ONBERG, a joint venture with the US‑Israeli technology company Ondas that is focusing on autonomous anti-drone defense and security systems. The plan under this collaboration is to initially use the Brandenburg site for the sale and distribution of state-of-the-art anti-drone systems and subsequently industrialize these systems and put them into series production at the site. This strategy is drawing attention to the technological strength of HEIDELBERG in new markets, too.
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The Brand ‘Doom Loop’ Now Trapping 84% Of Marketers

Marketers just can’t seem to escape the tyranny of performance marketing metrics. Gartner has just released a survey of more than 400 senior marketing execs and finds that 84% say the companies they work for are trapped in that familiar cycle known as the “brand doom loop.” It’s because companies underinvest in brand measurement and lack confidence in the results. Unsurprisingly, it then becomes harder for them to make the case for sustained brand marketing budgets, let alone increases, to increasingly skeptical CEOs and CFOs. That’s contributed to brand marketing being viewed as an expense that drains capital, rather than an investment that increases revenue.
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High-Tech Meets Human Touch: The Latest Challenge for Print Sales

Today’s consumers can go from thinking “I want to buy X” to actually holding the item in their hand in a matter of hours. “We live in an Amazon world,” Bill Farquharson, founder of The Sales Vault, says. “Clients look at LinkedIn profiles and websites to determine if they are going to reply to a rep’s attempts to make contact. They want to see five stars. They are doing their homework in the same way they would if they were buying a new refrigerator.” These new customer practices flip the script for those in print sales — but technology is on their side, too. Even after a sale, the “Amazon world” has another impact: Print buyers may expect their order to arrive quickly and to have access to information about their order at their fingertips, whenever they want it. “They want things automated, they want on-demand printing, they want fast turns, they want real-time tracking,” Dana Catanese, director of enterprise growth at West Chester, Pennsylvania-based Anro, says.
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A reuse symbol hit the market. Oregon is putting it to the test.

Reuse and refill businesses in the Portland area are among the initial adopters of PR3’s new reuse symbol that organizers hope becomes as universally recognized as the chasing arrows for recycling. Since its introduction in 1970, the imperfect yet ubiquitious chasing arrows symbol has become synonymous with recycling. The reuse sector aims to achieve that type of instant recognition with a new symbol launched globally last week. U.S. companies are among the first to commit to using the symbol — especially those in the Portland region, which has a reputation as a reuse leader. PR3: The Global Alliance to Advance Reuse chose the new symbol from 236 submissions from 29 countries, with Colombia-based creative firm Epigrama Studios producing the winning design. PR3 is offering symbol versions with and without the word “reuse” included.
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USMCA 2026 Sunset Review: North America’s Trade Reckoning

On July 1, 2026, the United States–Mexico–Canada Agreement (USMCA) triggers its first mandatory joint review — a unique sunset mechanism that could renegotiate rules of origin, tighten restrictions on Chinese content, and reshape automotive, electronics, and energy trade across North America. With less than one month until the formal deadline, preliminary negotiations are already intensifying behind closed doors. The USMCA governs over $1.8 trillion in annual trilateral trade, making this the most consequential North American trade event of the decade.
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Batman is Trapped Inside a Warehouse

Somewhere in a Mississippi warehouse, Batman is waiting for a bankruptcy judge. He is not alone. Millions of comic books, graphic novels, games, figurines, and collectibles tied to the collapse of Diamond Comic Distributors are reportedly caught in a dispute among JPMorgan Chase, publishers, creditors, a landlord, and the bankruptcy estate. For comic book fans, the image is irresistible: superheroes, villains, and entire imagined universes boxed up and immobilized, not by kryptonite or a master criminal, but by secured lending, consignment claims, and warehouse liens. For the printing industry, the story is more than a curiosity from the comic book business. It is a reminder that printed products do not become revenue when ink hits paper, and the signatures get stitched and trimmed. Printed products become revenue when the product moves, reaches the customer, and gets paid for.
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Nike and Adidas take their rivalry to the World Cup. Who will win?

The athletic apparel giants are both at a crossroads, and their campaign centerpieces play up soccer bona fides alongside the sport’s stars and other pop culture icons. On the list of the greatest rivalries in soccer that could play out at the World Cup, there are Argentina versus Brazil, England versus Germany, United States versus Mexico… and Nike versus Adidas.  The athletic apparel brands have both rolled out star-studded, cinematic videos ahead of the tournament, as well as collaborations and activations that speak in a deeper way to these brands’ identities, marketing methods and financial goals. And while both campaigns speak to the joy and freedom of play on the pitch, they demonstrate how each brand plays differently in marketing. The month-long tournament and the brands’ campaigns around it, arrive as the companies themselves continue on separate trajectories: Adidas’ record growth and Nike’s lagging turnaround. While Adidas notched another quarter of growth in Q1, with revenue up 7%, Nike’s revenues were flat year over year.  Each company hopes its World Cup marketing pays dividends both now and in the future.
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Retail sales grow again in May

Consumers continue to show their resilience as retail sales rose for the eighth consecutive month in May despite high gas prices and ongoing inflation. Total retail sales (including restaurants, but excluding automobile dealers and gasoline stations) increased 0.42% month over month and were up 7.19% year over year in May, according to the CNBC/NRF Retail Monitor released by the National Retail Federation. That compared with increases of 0.34% month over month and 5.73% year over year in April.
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European Commission stops the clock on Sappi UPM joint venture

Fastmarkets reports that the European Commission has said that it “stopped the clock” in its investigation into the joint venture by UPM and Sappi on May 29, with effect from May 26. According to an EU spokesperson, “the ‘clock’ in merger investigations can be suspended if the parties fail to provide, in a timely fashion, an important piece of information that the Commission has requested from them [for its competition assessment] within a prescribed deadline.” The Commission added that once the information is supplied by the parties, the clock will be restarted and the legal deadline for the decision will be “adjusted accordingly.” The initial deadline was set to be October 26.
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Brands are catching World Cup fever even without official sponsorships

From major splashy ad rollouts by Nike and Adidas to sponsorships by Anheuser-Busch and Coca-Cola, there is no shortage of brand collaborations for this summer’s FIFA World Cup. But not all brands will pour millions of dollars into official sponsorships. Some smaller U.S. startups, like Crumbl Cookies and Olipop, are getting into the spirit of the World Cup with watch parties, soccer-themed products and more, taking advantage of their proximity to matches to get in on what will perhaps be the biggest cultural moment of the year. With millions of tourists descending on North America in the coming month, brand executives feel like they have to find a way into this moment. According to a new Bank of America Global Research report, the 2026 World Cup is set to be the biggest to date, with 75% of the world set to engage with the event in some way. “Sectors best positioned to benefit from the World Cup include beverages, sportswear, restaurants, broadcasting, social media and online betting,” the report said.
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How brands are celebrating 250 years of America amid political polarization

Last summer, a record-low 58% of U.S. adults said they were “extremely” or “very” proud to be an American, per a Gallup poll. That figure was down nine points from the previous year, and down nearly 30 points from when the firm first polled Americans about their pride in January 2001. While Gallup has yet to reveal this year’s findings, 2026 so far has delivered month after month of political polarization and economic strain, which has taken a toll on consumers. But even as the culture wars that have ensnared brands like Bud Light and Target continue — this time with a red, white and blue facade —  there is still value in being associated with America. For example, Brand Keys’ 25th annual index of patriotic brands includes a top 10 featuring institutions like Coca-Cola, Ford, Disney, Amazon and Walmart — companies with big marketing footprints and bigger market values. “As we gear up for the 250th party, more brands are viewed through a political lens — and authentic patriotism is more important than ever,” Robert Passikoff, president of research firm Brand Keys, said in a press release.
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New York packaging EPR bill won’t move forward in 2026

The Packaging Reduction and Recycling Infrastructure Act faced another year of intense scrutiny, lobbying and more than 30 amendments. The New York state legislature is not expected to pass a contentious extended producer responsibility for packaging bill in the final hours of the session. The Packaging Reduction and Recycling Infrastructure Act faced another year of intense scrutiny, lobbying and more than 30 amendments.  Previous versions of the bill passed the Senate in both 2024 and 2025, but neither made it through the Assembly before the clock ran out on the session.
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FedEx Freight embarks on journey as standalone LTL carrier

500-member dedicated sales force targeting numerous sectors The nation’s largest less-than-truckload carrier, FedEx Freight, began trading last Monday on the New York Stock Exchange under the ticker symbol FDXF. The spinoff from parent FedEx Corp. allows the carrier to approach the market with a narrowed commercial focus. The transaction is also expected to unlock shareholder value at both companies. FedEx Freight now has over 500 dedicated LTL sales reps and is currently targeting small- and midsize shipper accounts, which typically generate higher margins. It is also targeting the healthcare, grocery and energy (data centers) verticals.
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Production Inkjet’s Next Bottleneck Is Finishing

Production inkjet has evolved into a high-speed production platform, driven by faster print engines, greater sustained productivity, and a broader range of press formats. Early adoption was led primarily by continuous-feed (web) platforms, but the market has since expanded to include cutsheet devices and a growing variety of presses in different sizes and configurations. As a result, print providers are producing higher volumes across a broader mix of applications, placing greater demands on finishing operations to keep pace with increased throughput and growing application complexity. That is the central finding of Finishing: Production Inkjet’s Next Frontier, a new survey-based report from Alliance Insights (part of PRINTING United Alliance), sponsored by Canon, EMT International, Müller Martini/Hunkeler, and Tecnau. Based on responses from 182 print providers, including 60 production inkjet adopters, and 207 communication/print buyers, the research reveals that finishing has become one of the most significant factors influencing overall production inkjet performance.
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Five Below sales soar 32.5%; opening 50 stores in Q2

Five Below reported an impressive first quarter that exceeded top-and bottom-line estimates as it continued its aggressive expansion. The value retailer for tweens and teens opened 49 net new stores across 25 states during the quarter, for a total of 1,970 stores in 46 states. It expects to open approximately 50 new stores in the second quarter, with a total of 150 new stores planned for the full year.
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Tommy Hilfiger parent company feels impact of Iran war

PVH posted first quarter 2026 revenue of $2 billion, up 2% year over year, but revised its full year outlook to approximately flat, down from a previous forecast of slightly up “[T]he prolonged effects of the Middle East conflict, now extending beyond the third month … is putting increasing pressure on our EMEA business in three ways,” Larsson said. “First, our direct Middle East business is seeing notably lower wholesale demand. Second, we have seen a knock-on effect in Turkey as reduced tourism and macro factors weigh on demand there. And third, we are seeing a broader macro effect on consumer purchasing behavior in the EMEA region, including the effects of higher fuel costs, which is leading to lower consumer sentiment and fewer drives to stores.” PVH updated its tariff outlook. The forecast now assumes a negative impact from the blended rate of 15% tariff rate on goods coming into the U.S., and a positive impact from the approximately $100 million benefit to EBIT that will come from tariff refunds that weren’t calculated in the company’s previous guidance. Nonetheless, Larsson said the only thing that has changed from last year’s Q1 to now is “the prolonged effect of the war,” adding, “we then take a prudent outlook and say we will most likely live with these effects for the rest of Q2 and the rest of the year.”
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Food-safe paperboard packaging starts at the mill

WHO's World Food Safety Day on 7 June highlights the importance of safe food systems worldwide. Safe food does not happen by chance. It is the result of carefully designed processes, strict quality controls and close collaboration across the entire value chain. Food-safe paperboard packaging is packaging material designed and manufactured to safely come into contact with food. It is produced using approved raw materials, controlled and hygienic processes, and certified food safety management systems to prevent contamination and ensure compliance with food contact regulations. While food safety is often associated with food production itself, packaging plays a critical role in protecting food, maintaining quality and preventing contamination throughout the supply chain.
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International Paper Completes $360MM Acquisition of North Pacific Paper Company

International Paper, a leader in sustainable packaging solutions, has completed the acquisition of North Pacific Paper Company (NORPAC), a portfolio company of One Rock Capital Partners, for $360MM.  The acquisition brings together two strong teams, high-quality products, and a shared commitment to serving customers.  Adding NORPAC to the International Paper portfolio will enhance system flexibility and expand capabilities.  "We're proud to welcome the NORPAC team to International Paper and look forward to what we will accomplish together," said Tom Hamic, Executive Vice President and President, Packaging Solutions North America, International Paper. "NORPAC is a strong strategic fit for our business and expands our capabilities to support growing customer demand for lightweight high-performance packaging grades while improving service to our West Coast customers."
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Walmart Celebrates1 Million Drone Deliveries

Walmart is celebrating a major milestone: more than one million drone deliveries completed to hundreds of thousands of customers. What started as a pilot just a few years ago has officially taken off, giving customers a faster, easier way to get the everyday items they need, right when they need them. Forgot the family favorite topping for pizza night? Running out of printer ink before a school project is due? Need cold medicine fast? That’s exactly the kind of everyday “uh-oh” moment Walmart drone delivery was built for. And we’ll continue to over the next one million and beyond – the sky really is the limit! The one millionth delivery comes as Walmart continues to rapidly expand drone capabilities across 66 stores in four states serving five metro markets. Since launch we’ve seen customers evolve from trying it to experience the novelty of the service for items like bananas or snack food, to now turning to it frequently to get items delivered really fast, when they need them most.
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Store Expansion News: May update

Retailers and restaurants alike made headlines in May with store expansion plans and new formats. Here are the major stories as reported by Chain Store Age, starting with the most recent. Burlington in 14th straight quarter of double-digit EPS growth; to open 115 stores.- Tim Hortons to open 80 new Canadian locations in 2026; renovate hundreds more .- Canada's T&T Supermarket to make California debut.- Digital-first furniture brand Article to open first U.S. stores.- Chicken Salad Chick in ‘landmark’ deal to expand in New York.- Whole Foods to expand smaller-store Daily Shop format.- Aritzia focused on U.S. store expansion in 2026.- Target in biggest store remodel program in a decade.- Dick's continues House of Sport expansion.
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Steph Curry trades Under Armour partnership for a deal with Li-Ning

Months after breaking ties with Under Armour, Steph Curry has found a new home at Li-Ning. The athlete signed a long-term deal with the Chinese sportswear company that will focus on co-creation across multiple categories, according to a Monday press release. Li-Ning, founded by Olympic gymnast Li Ning in 1990, will work with the NBA star to advance the Curry Brand in basketball and golf. The pair plan to expand Curry’s eponymous brand into “broader consumer lifestyle sport categories” over time. “When I think about the future of Curry Brand, I think about building something that lasts, something that continues to push the game forward and creates real impact for athletes around the world,” Curry said in a statement, highlighting the quality and innovation of Li-Ning’s products. “For Curry Brand, this is about growing the right way, with a partner that understands the standard we’re trying to set and the good we want to do.” Under Armour cut ties with Curry in November after working with the basketball star for more than a decade. The activewear brand released its last Curry-branded shoe in February.
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HarperCollins U.S. Trade Unveils New Structure

Since being named to the newly created position of CEO of HarperCollins U.S. trade in February, Liate Stehlik has instituted a host of changes to the publisher’s organizational structure. Today, in the most significant reorganization yet under Stehlik, HarperCollins announced that its U.S. trade division will now operate through seven distinct publishing groups: Avon, Dey Street, Harper, HarperCollins Children’s Books, HarperOne, Mariner Books, and Morrow. The goal of the new structure, which a spokesperson said does not involve any layoffs, is to give the different HarperCollins imprints more of their own identity within the nation’s second largest trade publisher, which has acquired dozens of companies over the years. Today’s announcement is believed to be the final major change in Stehlik’s reorganization efforts.
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The Value Seeking Consumer Is Reshaping Retail — And Catalogers Are Uniquely Positioned to Win Them Back

The retail landscape is shifting fast, and one trend is cutting across every category, price point, and demographic: the rise of the value‑seeking consumer. For catalog brands, this shift isn’t a threat rather it’s an opening. Print has always been a channel where value can be shown, felt, and proven through storytelling, curation, and clarity. But the definition of value is expanding, and catalogers who adapt will be the ones who stay indispensable. Read the full article from our friends at Dingley in the link below. According to Deloitte’s 2026 retail outlook, nearly seven in 10 Americans are now engaging in deal‑seeking behaviors, from switching to more affordable retailers to redeeming loyalty points more aggressively. Retail executives overwhelmingly believe this is not a temporary reaction to inflation but a structural, long‑term change in how people shop.
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World Cup could drive to up $7.5B in consumer spending

Soccer may not be the most popular sport in the United States, but the upcoming 2026 FIFA World Cup is expected to drive significant retail spending. New data from Numerator shows that 32% of U.S. consumers (89 million adults) plan to watch the global soccer tournament between June 11 and July 19 (+6 points vs. January 2026). An additional 17% are considering tuning in. Of those who plan to watch the World Cup, 89% expect to make a purchase related to watching the matches, with the top planned purchases being snacks/chips/dips (51%), alcoholic beverages (38%), prepared foods/appetizers (35%), sweets/desserts (31%) and frozen foods/appetizers (25%). Most intended shoppers (78%) will spend less than $100 on their World Cup-related items, with an expected average spend of roughly $74 per shopper.
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A mill town in mourning: Nippon Dynawave cleanup and questions continue

A week after the white liquor tank implosion disaster, the Longview community mourns the 11 people killed. Implications are emerging for paper and packaging industry supply chains. The pain and sense of loss is palpable in this 38,000-person community in Southwest Washington, as well as in the surrounding areas of the state and neighboring Oregon. Gov. Bob Ferguson called for Washington state agency buildings’ flags to remain at half staff through sunset on June 7. For generations, Longview has had the distinction of being a “mill town,” even as the industrial strip has grown to include other industries such as metals production. Locals describe a tight-knit community where nearly everyone knows someone who has worked at one of the wood or paper mills. Nippon Paper continues to state that the Longview incident’s impact on production, shipments and financial performance is still being assessed. But the paper and packaging industry is beginning to get a sense of current and potential future supply chain effects from the production curtailment. Analysts are flagging that fallout from the Nippon Dynawave incident likely will ripple through the paper and packaging industry. The Longview mill produces roughly 300,000 metric tons of paperboard for cartons and cups annually.
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Macy’s revamped half its stores and customers followed

Macy’s is not too worried about the economic backdrop, increasingly tenuous due to rising fuel prices and falling consumer confidence. Two-thirds of consumers say they’ve cut back spending due to inflation and sentiment has grown more pessimistic. The department store caters largely to middle- to high-income households, which are somewhat shielded from rising costs, but Macy’s Inc. CEO Tony Spring said there is another reason why customers showed up in Q1. “We found that when the product and the experience are differentiated and compelling, engagement and spend increase,” he told analysts Wednesday. “During the quarter our customer appreciated the assortments, marketing, and events that supported key holidays, including Valentine’s Day, Presidents Day and Easter.”
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AF&PA Releases 66th Annual Paper Industry Capacity and Fiber Consumption Survey

The American Forest & Paper Association (AF&PA) released the 66th Annual Paper Industry Capacity and Fiber Consumption Survey. The report provides detailed data on U.S. paper industry capacity and production compiled by the AF&PA statistics team. Though U.S. paper and paperboard production declined 3.7% in 2025, to 66.3 million tons, several sectors showed continued resilience. Containerboard operating rates held firm at 91.9%, while printing-writing operating rates improved to 82.8%, reflecting continued capacity adaptation to demand changes. Packaging paper production increased 1.7%, boxboard production was essentially flat at 12.4 million tons Printing-writing capacity fell 13.9% in 2025 to 7.7 million tons. Capacity has fallen from nearly 18 million tons in 2015, reflecting a long-term adjustment in this segment. However, operating rates for Printing-Writing increased from 76.8% in 2024 to 82.8% in 2025. Containerboard production fell 4.4% to 36.1 million tons, and containerboard capacity declined 5.1% in 2025. Despite that reduction, containerboard continued to account for more than half of total U.S. paper and paperboard capacity, and mills maintained a 91.9% operating rate.
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Midterm Ad Spend Soars, California Leads At $315M

Ad spending for 2026 midterm political season is already trending 47% higher to $3.9 billion through May 29 versus the same time period in 2022, according to AdImpact. For the 2022 midterms, spending amounted to $2.65 billion through the same day, and totaled $9.0 billion by November. Earlier projections estimated that $10.8 billion would be spent for the entire 2026 political election period -- with $5.3 billion going to broadcast TV and $2.5 billion to connected TV. Roughly 70% of overall political ad spend goes to TV (national/local) and streaming/CTV.
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Wiley Buys Emerald Publishing for $452 Million

In a major deal in the academic journals sector, Wiley has acquired U.K.-based Emerald Publishing from Cambridge Information Group for £337 million ($452 million at current exchange rates). The acquisition expands Wiley’s journal portfolio to approximately 2,500 titles and increases its position in the social sciences—particularly economics, business, and finance. In announcing the purchase, Wiley observed that in addition to adding to its journal offerings, the acquisition “deepens Wiley’s proprietary content position for use in AI and data analytics, at a moment when demand for trusted peer-reviewed research content is accelerating rapidly as corporations build out AI models and applications.” To date, Wiley has signed AI licensing agreements worth more than $100 million.
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Smurfit Westrock announces €600 million investment ahead of Choose France summit

Smurfit Westrock, a global leader in sustainable paper-based packaging, today announced plans to invest approximately €600 million across its operations in France, reinforcing its long-term commitment to French manufacturing, innovation, and sustainability ahead of the Choose France initiative. Smurfit Westrock’s investment will take place over the next three to five years and will support the modernisation and decarbonisation of its operations; enhancing manufacturing efficiency, customer innovation, and sustainable packaging capabilities. Established in France for over 40 years, Smurfit Westrock employs approximately 6,000 people at 50 sites across the country, underscoring France’s strategic importance to the Company’s European operations and its attractiveness as a destination for industrial investment.
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How Smart Mailers Will Respond to Upcoming Postage Increase

The USPS has proposed another postage increase set to take effect in July 2026, and for many marketers, the first reaction is predictable: “Should we mail less?” That’s the wrong question. The better question is: “How do we make our mail work harder?” Because despite rising postage costs, direct mail continues to outperform many digital channels in response, recall, engagement, and trust. The marketers seeing the best results today are not abandoning mail. They are becoming more strategic with it. Poor strategy costs more than postage ever will. I’ve seen campaigns with mediocre targeting, weak creative, and generic offers waste thousands of dollars while highly targeted, well designed mailings generate exceptional ROI, even at higher postage rates. When direct mail is done correctly, it still commands attention in ways digital advertising often cannot. Consumers are overwhelmed online. Physical mail still has the ability to slow people down, create interaction, and build trust. That matters.
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What Ulta’s Numbers Might Say About Consumers’ Mood

Ulta, a perennial sparkler in the often-flat retail world, reports earnings next week. With a 36.4% market share and 46 million loyalty members, trends in its quarterly financials tend to say as much about the national spending mood as they do about the latest lip gloss. The backdrop looks reasonably healthy. Circana finds the beauty sector growing steadily, with prestige sales rising 6% to $8.1 billion in the first quarter, and mass retail climbing 7% to $18.1 billion. Notably, it's the first time in five years both segments have grown at nearly the same rate. And in both cases, growth was largely value-driven, reflecting a mix of premiumization and careful spending. Fragrance was among the strongest performers, with double-digit gains in women's fragrances at mass and continued momentum in prestige minis — a format that captures both the trade-up and trial-driven shopper. Skincare remained a steady engine, with clinical brands capturing over a third of prestige dollar sales. Makeup was the softest spot.
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