Men’s Journal announced today that it’s returning to print after a more than two year hiatus with a Summer Edition launching this month. It will also be a substantial relaunch, coming in at 100 pages, according to the press release.
Men’s Journal Makes A New Return to an Old Format
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Paul Bradley Carr and Sarah Lacy, a married pair who opened the Best Bookstore in Palm Springs in 2022, will open a second store in their other home city, San Francisco. To be dubbed the Best Bookstore in Union Square, the new shop will be part of an urban revitalization project, Vacant to Vibrant, launched by the nonprofit SF New Deal (SFND) and the San Francisco Office of Economic and Workforce Development (OEWD).
V2V is a component of Mayor Daniel Lurie’s Heart of the City initiative, which so far has attracted more than $50 million in private sector investments. To encourage independent startups, SFND and OEWD award grants, offer technical support with permitting and red tape, and provide generous leasing arrangements worked out with property owners and managers. “To continue accelerating downtown’s comeback, we are prioritizing safe and clean streets, supporting small businesses, drawing new universities to San Francisco, and activating our public spaces with new parks and entertainment zones,” Mayor Lurie said
The U.S. advertising marketplace contracted 12.7% in July versus the same month a year ago, marking its first double-digit rate of decline since July 2020, according to a MediaPost analysis of data from Standard Media Index's U.S. Ad Market Tracker. Compared with July 2020, which was the tail-end of the COVID-19 ad recession, the U.S. ad market was up 29.7%. Smaller ad categories continue to be sustaining ad spending better than the largest ones. While the top 10 ad categories declined 14% in year-over-year ad spending in July, all other categories contracted only 11%.
Amazon.com announced it reached a new agreement with the U.S. Postal Service on package deliveries, and sources said the cash-strapped mail system would retain about 80% of its existing deliveries from its biggest customer.
That 20% cut is a dramatically better outcome for the postal agency than the two-thirds or larger reduction that Reuters reported last month Amazon had threatened.
USPS has a roughly $80 billion budget, and Amazon represented $6 billion in annual revenue to the agency, according to two people familiar with the business arrangement.
"We're pleased to have reached a new agreement with USPS that furthers our longstanding partnership and will let us continue supporting our customers and communities together," Amazon said in a statement.