USPS Ends Third Quarter FY23 with an Average of 2.5 Days to Deliver

James Patterson has achieved many milestones in his long and ultra-successful career as an author, and in early April he hit another: he became the first author to sell more than 100 million copies across all print formats since BookScan—now known as Circana BookScan—started recording unit sales of print books in 2004. Patterson easily topped the print sales accrued by Dr. Seuss, whose books have sold 83 million copies since 2004. Patterson’s top-selling print book as measured by BookScan is Honeymoon, which edged out 3rd Degree for the #1 spot. Like many of his bestsellers, those two are parts of series, and books in the Women’s Murder Club and Alex Cross series have fared particularly well. His top 10 bestselling titles sold just about 12 million copies, meaning that the rest of Patterson’s oeuvre racked up sales of 88 million copies in total.

Urban Outfitters, Inc. announced net income of $45 million and $107 million for the three and nine months ended October 31, 2017, respectively. Earnings per diluted share were $0.41 and $0.94 for the three and nine months ended October 31, 2017, respectively. Total Company net sales for the third quarter of fiscal 2018 increased 3.5% over the same quarter last year to a record $893 million. Comparable Retail segment net sales, which include the comparable direct-to-consumer channel, increased 1%. Excluding the estimated impact of the North American hurricanes in the quarter, comparable Retail segment net sales increased 2%, and by brand, comparable Retail segment net sales increased 5% at Free People, 2% at the Anthropologie Group and 1% at Urban Outfitters. Comparable Retail segment sales were driven by strong, double-digit growth in the direct-to-consumer channel, partially offset by negative retail store sales. Wholesale segment net sales increased 8.7%. Click Read More below for additional information.

The average piece of Direct Mail is looked at for 108 seconds across the course of a month, while the average Door Drop is viewed for 46 seconds. The mail channel is more attention efficient than a host of other media platforms, resulting in the recommendation that it is a “must-have” channel on attention-based media plans. JICMAIL (The Joint Industry Currency for Mail) has today revealed the findings from a major year-long study – The Time We Spend With Mail. This research into consumer attention with mail has involved collaboration with multiple measurement partners including Kantar, PwC and Lifestream. The year-long measurement program has seen JICMAIL roll out full attention measurement across its entire panel of 1,000 households per month (capturing time-spent metrics for Business Mail, Direct Mail, Door Drops and Partially Addressed Mail). At the same time, the AI-driven video analytics company Lifestream has provided directly observed mail attention data with which to validate the panel findings, while PwC has scrutinised the mail efficiency calculations that JICMAIL has generated to compare the delivery of time spent to other media channels.