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Seasonal

  • Forrester: Online holiday spending to increase by double digits over last year

    Overall positive economic conditions will propel retail sales online as well as of offline this coming holiday season.   That's according to a report by Forrester, which predicts that U.S. online holiday sales will grow 12% to reach $129 billion in 2017, compared to $115 billion last year. Offline holiday sales will inch up 0.3%, to reach $549 billion in 2017.  

  • FedEx to hike shipping rates by almost 5%

    FedEx will have new shipping rates starting January 1, 2018.   All subsidiaries, FedEx Express, FedEx Ground and FedEx Freight, will increase their shipping fees by an average of 4.9%. The company is also imparting additional surcharges across other services.   For example, FedEx Express shipping rates will spike by an average of 4.9% for U.S. domestic, U.S. export and U.S. import services. FedEx One Rate pricing will increase by an average of 3.5%.  

  • Deloitte: Retail holiday sales to increase by at least 4%

    An uptick in consumer spending could drive sales as high as $1.05 trillion this holiday season.   Retail holiday sales should rise a healthy 4% to 4.5% over last year's shopping season — a factor that could drive sales between $1.04 trillion and $1.05 trillion between November 2017 and January 2018, according to the annual retail holiday sales forecast from the firm’s retail and distribution practices. (Holiday sales are seasonally adjusted, and exclude motor vehicles and gasoline.)  

  • Discount giant will rely on its own workforce for holiday rush

    Walmart is bucking the holiday hiring trend again this year.    Unlike other competitors that are hiring thousands of temporary workers to service shoppers during the holiday season, the discount giant plans to offer extra hours to its current associates. These shifts will staff traditional roles like cashier and stocker, and newly created technology-empowered positions, such as personal shoppers and Pickup associates, according to Walmart.  

  • UPS kicks off holiday hiring spree

    UPS is ramping up its holiday workforce.   The company plans to hire approximately 95,000 seasonal employees to support an anticipated increase in package shipments during the 2017 holiday shopping season. UPS expects increased delivery volume to span between early November and January 2018.    This marks the fourth straight year that UPS is hiring this number of employees for the holiday season, according to Reuters.   

  • Toys ‘R’ Us files for bankruptcy protection; keeping stores open

    Toys "R" Us filed for Chapter 11 bankruptcy protection late Monday night in federal court in Richmond, Va., with an eye to revamping its long-term -- and massive -- debt totaling more than $5 billion.  

  • Brixmor works to re-open 14 Irma-damaged properties

    A limited number of tenants have been able to re-open their stores at 14 Brixmor properties severely damaged by Hurricane Irma. The company’s remaining 116 properties in Florida, Georgia, South Carolina, and Alabama are open and operating.   The partially opened properties, which were not named in the report from Brixmor, suffered wind and water related damages and power outages.  

  • Fast-growing menswear retailer ready for holiday season with new infrastructure

    As it expands online and opens stores offline, Untuckit is looking forward to its biggest holiday shopping season to date.   
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