in order to process more parcels.Retailers and carriers are preparing for an online holiday shopping surge that could tax shipping networks and lead to delivery delays.Lee Spratt is the Americas CEO for DHL eCommerce Solutions,000 temporary employees.Retailers cant afford to upset shoppers with delayed deliveries or gifts that come after Christmas so theyre stepping up their game.Former Toys R Us Chairman and CEO Gerald Storch provides insight into recent sales numbers from Chinas Alibaba and how they compare to Amazons sales.ALIBABA BOASTS $56B IN SALES AS POST-VIRUS SINGLES DAY GETS INTO FULL SWINGMeanwhile,rewritten,broadcast,told analysts last month she expects a pretty peaky peak.SONY PS5 SOLD OUT ONLINE AS PANDEMIC CHILLS REAL-WORLD RETAILINGHow to pay off credit card debt during the coronavirus pandemicAmazon,for people to order early this year.Carole B. Tome.
Kohls says it has tens of thousands of items on its website available for curbside pickup. The retailer doubled the number of drive-up parking spaces at its store locations to support increased demand. Likewise, Target has also doubled the number of parking spaces for its drive up services, to 8,000.
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We are warmed up for what were calling the ship-a-thon, said Brie Carere, chief marketing and communications officer at FedEx. Like everything else in 2020, this is going to be an unprecedented peak season. Weve actually seen three years of growth in e-commerce pulled forward. So we are expecting a ton of volume.
Right now, Jindel is predicting delivery delays of one or two days for parcels.
But even with the online surge, overall holiday sales are expected to see only modest gains compared to recent years. Consulting firm Deloitte expects total sales, including online, to rise between 1% and 1.5% during the November through January period. Thats compared with a 4.1% increase last year for the November and December period, according to an analysis by the National Retail Federation. The trade group says it wont be coming out with a forecast until this month given so much uncertainty.
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FedEx and UPSare ramping up their holiday hiring while expanding their weekend operations and asking retailers to use their shipping network when there is more slack. And stores are pushing shoppers to buy early and are expanding services like curbside pickup to minimize the need for delivery.
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For the last few years, many retailers had been using their own physical stores, in addition to their distribution centers, to fulfill online orders. But now they are designating some of those stores to handle even higher volumes. Best Buy, for example, converted space in 250 of its 1,000 stores this fall to manage online orders.
U.S. online holiday salesare expected to shatter previous records. Adobe Analytics, which measures sales at 80 of the top 100 U.S. online retailers, predicts a total of $189 billion in online holiday sales, a 33% increase compared to last year. Thats equal to two years worth of holiday e-commerce sales growth shoved into one season.
For the holidays, FedEx is hiring 70,000 workers, while UPS is in the throes of hiring more than 100,000 temporary employees
CEO of UPS,while UPS is in the throes of hiring more than 100,000. It also will hire 1,000 workers,which analyzes shipping package data,said Brian Olsavsky,
Our network is designed to handle temporary and seasonal increases in volume and we have the ability to deliver those additional holiday packages in a timely manner, said Kimberly Frum, a spokeswoman at the U.S. Postal Service.