Average Time to Deliver Across Postal Network Remains at 2.5 Days

Urban Outfitters, Inc. announced the promotion of Melanie Marein-Efron, the Company’s Executive Director of Corporate Development and Finance, to Chief Financial Officer, effective December 2, 2020. “I am pleased to announce Melanie’s promotion to be our new Chief Financial Officer, and I welcome her to our Executive Leadership Team,” said Richard A. Hayne, Chairman and Chief Executive Officer. “I am confident Melanie will approach her new role with the same energy, dedication and thoroughness she has displayed since joining URBN eight years ago,” finished Mr. Hayne.

If you're like me, sending a letter or package across the country through the US Postal Service feels like a game of chance. Will it get there in a week -- or two? During the first quarter of this year, around 20% of first-class mail across the US was delivered late. And now snail mail is about to get slower for some of the 160 million residences and businesses that rely on the Postal Service. Starting Oct. 1, the USPS will implement new service standards for its first-class mail and packages, lengthening delivery time for about 30% of its volume. That means some letters, parcels and magazine subscriptions traveling longer distances could take up to five days to arrive, instead of two or three days. The changes are part of a 10-year plan called Delivering for America to overhaul the agency and try to tackle its $160 billion debt. The plan would also reduce post office hours and raise prices for customers, and there'll be even more postage hikes during the peak holiday season. more at source

For the second year in a row, HH Global has completed a full assessment of the carbon footprint of our business and disclosed the results to CDP. CDP is a not-for-profit organization that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts. Their aim is to see a thriving economy that works for both people and planet in the long term. We are proud to announce that we have increased our rating from a C to a B for our climate change disclosure, with A ratings given for the strength of our governance and emissions reduction initiatives.