Costco Wholesale Corporation Reports July Sales Results

Lawyers for Newegg, Wayfair and Overstock petitioned the U.S. Supreme Court, requesting that it decline to review a South Dakota Supreme Court decision that would require larger online retailers to collect sales tax on purchases made in the state. Online retailers are asking the U.S. Supreme Court to decline review of a case that would require larger e-retailers to collect sales tax from South Dakota residents and pay it to the state. The South Dakota law would require out-of-state retailers that don’t have a physical presence in the state and generate least $100,000 in online sales or more than 200 transactions in the state to collect sales tax from South Dakota customers and then remit those taxes to the state. Click Read More below for additional information.

Double-digit gains in the adult categories helped boost print unit sales 8.7% in the week ended Nov. 28, 2020, over the comparable week in 2019, at outlets that report to NPD BookScan. Print unit sales jumped 22.2% over the week ended Nov. 30, 2019, in the adult nonfiction category, led by Barack Obama’s A Promised Land, which sold about 410,000 copies in its second week. The top new title in the category was Modern Warriors by Pete Hegseth, which sold more than 30,000 copies. Three new releases contributed to the 13.5% increase in unit sales in the adult fiction category: Ready Player Two by Ernest Cline was #1, selling 99,000 copies; next was Deadly Cross by James Patterson, which sold more than 42,000 copies, followed by The Awakening by Nora Roberts, which sold a little more than 27,000 copies. Print units increased 29.1% over 2019 in the YA category.

*No price increase for Parcel Select Ground which, coupled with our recently improved service standard to 2-5 days from 2-8 days, offers a reliable and economical option for shippers *No price increase for USPS Connect Local, which gives businesses of all sizes the ability to reach local customers at affordable rates *Reduced pricing for some Retail Priority Mail Flat-Rate products below the temporary price currently in place *Priority Mail Commercial rate to increase by 3.6 percent, well below the rate of inflation