As part of its ongoing commitment to return value to shareholders, L Brands, Inc. (NYSE:LB) announced today that its Board of Directors has authorized a new $250 million share repurchase program, which includes $10.3 million remaining under its previous $250 million share repurchase program.
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Country Walking, the UK’s best-selling walking magazine has launched its annual challenge #Walk1000Miles with a dedicated 64-page supplement, available in the February issue. Founded 9 years ago by Country Walking’s Editor Guy Procter, the popular annual walking challenge encourages anyone of any age, fitness level and experience to walk 1000 miles in one year. It takes under an hour a day to reach 1000 miles in 12 months – just 2.74 miles daily – or the equivalent of Land’s End to John o’Groats the long way. Since launch, Country Walking’s #Walk1000Miles challenge has amassed more than 170k registrations and over 44,000 members to its growing Facebook community.
The United States Postal Service Board of Governors today announced its unanimous approval of an adjusted Fiscal Year 2024 budget for the Postal Regulatory Commission. The approved budget of $21.124 million, when combined with the PRC’s other resources, results in a spending plan for FY 2024 totaling $27.202 million. While less than PRC’s FY 2024 budget request, the approved spending plan is a 28.2 percent increase over the PRC’s estimated spending in FY2023, and a 47.4 percent increase over the PRC’s actual expenses in FY 2022. “The Governors of the United States Postal Service recognize and respect that Congress has created the PRC as an independent entity with specific regulatory responsibilities over the Postal Service, and that it needs to have the resources to effectively perform those responsibilities,” said Roman Martinez IV, Chair of the Board of Governors of the U.S. Postal Service.
1-800-FLOWERS.COM, Inc. announced that Personalization Universe®, a destination developed by the company featuring a curated assortment of distinctive customizable gifts and keepsakes, has joined its family of brands. This new brand offers shoppers a personalized option for their gifting needs and is part of the company's ongoing strategy to provide customers with a one-stop shop for all celebratory occasions. In addition to Personalization Universe, the 1-800-FLOWERS.COM, Inc. portfolio of brands includes 1-800-Baskets.com®, Cheryl's® cookies, FruitBouquets.com, Harry & David®, Moose Munch® premium popcorn, Simply ChocolateSM, The Popcorn Factory®, and Wolferman's®. "We are pleased to add Personalization Universe to our growing family of gifting brands," said Chris McCann, Chief Executive Officer, 1-800-FLOWERS.COM, Inc. "We've been testing the personalized business for some time, while closely monitoring the retail environment and ultimately identifying a strong opportunity within the customized gifts space. What resulted was the creation of a dedicated destination for a carefully curated assortment of unique items that may be personalized, providing gift-givers with truly special ways to act on their thoughtfulness." Click Read More below for additional information.