Shout-Outs to Publishers Giving Back to Their Communities (foliomag.com)

FY23 third quarter service performance scores covering July 1 through July 21, included: *First-Class Mail: 91.4 percent of First-Class Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Marketing Mail: 94.9 percent of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Periodicals: 86.0 percent of Periodicals delivered on time against the USPS service standard, consistent with performance from fiscal third quarter.

Total revenues in the fourth quarter of 2017 were $244.7 million, down 6.7% compared to the fourth quarter of 2016. Headwinds that impacted advertising included a soft holiday retail advertising season and continued declines in print advertising. Adjusted net income, which excludes the items above, was $3.2 million. Adjusted EBITDA was $53.7 million, down 15.0% compared to the fourth quarter last year. Operating expenses were down 6.1% while adjusted operating expenses, which exclude non-cash and certain other charges, were down 4.0% compared to the same quarter last year. Click Read More below for additional information.

Kroger and British online grocery retailer and technology vendor Ocado Group Plc plan to build the centers in the West, Pacific Northwest and Great Lakes regions of the United States. The new center in the West will measure 300,000 square feet, the Pacific Northwest center will be 200,000 square feet and the facility in the Great Lakes region facility will be 150,000 square feet. Kroger did not disclose the exact locations but says it plans to reveal them soon. The newly planned facilities join six similar facilities now planned or under construction. Those previously announced sites are Monroe, Ohio; Groveland, Florida; Fredericksburg, Maryland; Atlanta, Georgia; Dallas, Texas; and Pleasant Prairie, Wisconsin. Kroger has said its goal is to build 20 “Ocado-powered” ecommerce fulfillment centers in the United States. Each fulfillment center will use Ocado’s robotic warehouse technology. Kroger says the center in Monroe, Ohio, a suburb of Cincinnati, will be the first to open in early 2021. The retailer also plans to make it operational in early 2021.