The Daily Gazette Co. will close its purchase of The Daily Mail and The Register-Star from Johnson Newspapers by the end of January.
The Register-Star serves Columbia County and The Daily Mail Greene County. These areas encompass the Hudson and Catskill areas of New York State, the Times Union reports.
more at: https://www.mediapost.com/publications/article/392010/daily-gazette-to-close-on-sale-of-two-newspapers-i.html
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Publishers who still mail print editions to subscribers are facing challenges on at least a couple of fronts. For one, new statistics released by the U.S Postal Service show that 86.1% of Periodicals were delivered on time against the USPS service standard in Q4, a decrease of 2.8% from the prior quarter. In contrast, 91.4% of first class mail was delivered on time, a 1.2% decrease, and marketing mail held steady with a 95.2% on-time delivery rate. This may or may not have any real impact. But in a related development, U.S. Senator Amy Klobuchar (D-MN) is speaking out against recent postal policy changes that she says are hurting local and rural newspapers.
Fans of the South Korean boy band BTS are not the only ones celebrating their return.
Target Corp. is putting out the red carpet for the launch of the band’s highly-anticipated new album, “Arirang,” and upcoming world tour, creating dedicated BTS shopping destinations in its stores nationwide, complete with themed displays and exclusive merchandise. The album is BTS’ first group project in nearly four years following their mandatory military service.
In addition to being the only mass retailer to offer the album on vinyl, the retailer is offering seven limited-edition, Target-exclusive “Arirang” vinyls, each spotlighting a different BTS member with a unique color variant, a poster and lyric paper
Costco Wholesale Corporation announced its operating results for the 17-week fourth quarter and the 53-week fiscal year ended September 3, 2023. Net sales for the 17-week fourth quarter were $77.43 billion, an increase of 9.4 percent from $70.76 billion in the 16-week fourth quarter last year. Net sales for the 53-week fiscal year were $237.71 billion, an increase of 6.7 percent from $222.73 billion in the 52-week fiscal year of 2022. Net income for the 17-week fourth quarter was $2.160 billion, $4.86 per diluted share, compared to $1.868 billion, $4.20 per diluted share, in the 16-week fourth quarter last year. Net income for the 53-week fiscal year was $6.292 billion, $14.16 per diluted share, compared to $5.844 billion, $13.14 per diluted share, in the 52-week prior year.