The U.S. Postal Service (USPS) reported that it recorded a 14.1 percent increase in package volume and an 11.1 percent increase in shipping and package revenue for the 2015 fiscal year, but saw a net loss of $5.1 billion. However, this loss looks better than its $5.5 billion loss in 2014. With the increase in…
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Fossil, Richardson, Texas, said it will acquire Misfit, a wearable technology startup that focuses on fitness trackers, for $260 million, according to CNET. Misfit, founded in 2011, makes activity monitors and home products, like sleep monitors and smart bulbs, according to The Verge. The company also has partnerships with other brands, such as Speedo and…
Read MorePromo Marketing’s Video Battle pits two industry videos against each other for the chance at the ultimate bragging right: Being declared our readership’s absolute favorite. (Next up: It’s Friday the 13th, and I’m going to make sure I avoid any black cats or ladders on my walk home from work.) Last week, South Paw Canada…
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When the Washington Nationals debuted their 2016 calendar, there was a bit of an elephant in the room about the cover. (Well, in this case it’s more of a Green Monster in the room.) The calendar features the Red Sox’s Fenway Park. Unfortunately, Fenway’s famous ballpark wall…
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Ignite USA LLC, Atlanta, announced a recall of its Bueno by Contigo Kids’ Straw Tumblers due to a risk of ingestion. According to the Consumer Product Safety Commission (CPSC), if children chew on the drinking straw, small pieces can break off into their…
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Every year, Starbucks releases a holiday-themed coffee cup as the season approaches. This year’s cup has a more minimal design. Instead of featuring the usual snowflakes, reindeer or ornaments, this year’s installment is a simple red cup. Already, some people, including Donald Trump, have objected…
Read MorePromo Marketing’s Video Battle pits two industry videos against each other for the chance at the ultimate bragging right: Being declared our readership’s absolute favorite. (Next up: I saw the new James Bond movie and now I want a new car.) Last week, South Paw Canada won, and now will face off against Maple Ridge Farms!…
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Agents from the Department of Homeland Security (DHS) agents removed boxes of merchandise from a store in Overland Park, Kan., after the owner was accused of violating trademarks held by the Kansas City Royals and MLB. According to KSHB 41, the DHS agents, along with Kansas’ Johnson County Sheriff’s Department, removed dozens of boxes containing…
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The Consumer Product Safety Commission (CPSC) announced that Maeli Rose, Arcadia, Calif., is recalling its Girl’s Hoodie due to a strangulation hazard. The hoodie has a drawstring that poses a risk of strangulation inside of the hood’s lining surrounding the face. The drawstring can…
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Consumer products are held to high standards to ensure product safety and compliance. However, cosmetic products and their ingredients do not need to be approved by the U.S. Food and Drug Administration (FDA). The Environmental Working Group (EWG), a nonprofit environmental health…
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