Postal Service Ready to Deliver for 2024 Holiday Season

Kohl’s announced it will double its earlier announced donation to support relief efforts in response to the severe weather impacting Texas and the Gulf Coast, for a total of a $1 million cash donation to the American Red Cross. In addition, Kohl’s will provide an estimated $1 million in financial support to Kohl’s associates who have been significantly impacted by the storm. “The destruction of the hurricane and its aftermath has continued to escalate day by day,” said Kevin Mansell, Kohl’s chairman, CEO and president. “We feel compelled to increase our donation to the Red Cross to help families across Texas and the Gulf Coast during this time of great need.” Click Read More below for additional detail.

Ah, the age old practice of letter writing. If you're a fan of putting pen to page, there's also a good chance you also enjoy sending postcards home whenever you travel. It might be a while before you can send postcards from far off places again, but that doesn't mean you can't keep in touch with friends and family via snail mail in the meantime, as many us remain separated by the pandemic. With that, I'm here to sing the praises of sending your loved ones postcards and greeting cards, both the artistic and the playful, whether it's to celebrate an occasion or just because. And luckily, there's no shortage of beautiful cards available to buy online. Although the pandemic has been lonely at times, it has inspired me to send more mail. In fact, I'd say that one of the best things I've done during the pandemic is starting to write to a pen pal. These days, the excitement of opening my mailbox to find a letter from a friend or note from my pen pal brings me joy in ways I might not have appreciated pre-pandemic.

Urban Outfitters, Inc. announced net income of $89 million and record third quarter earnings per diluted share of $0.89 for the three months ended October 31, 2021. For the nine months ended October 31, 2021, net income was $270 million and record first nine-month period earnings per diluted share were $2.71. Total Company net sales for the three months ended October 31, 2021, were a record $1.13 billion. Net sales increased 14.6% compared to the three months ended October 31, 2019. Comparable Retail segment net sales increased 14%, driven by strong double-digit growth in digital channel sales, partially offset by mid-single-digit negative retail store sales primarily due to reduced store traffic. By brand, comparable Retail segment net sales increased 55% at the Free People Group, 9% at the Anthropologie Group and 7% at Urban Outfitters. Total Retail segment net sales increased 16%. Wholesale segment net sales decreased 15% primarily from reducing the Free People Group’s sales to promotional wholesale custom ers. For the nine months ended October 31, 2021, total Company net sales increased 14.3% compared to the nine months ended October 31, 2019. Comparable Retail segment net sales increased 16%, driven by strong double-digit growth in digital channel sales, partially offset by low double-digit negative retail store sales due to reduced store traffic resulting from temporary store closures and occupancy restrictions in Europe and Canada. Wholesale segment net sales decreased 23% primarily from reducing the Free People Group’s sales to promotional wholesale customers.