PYMNTS
SEPTEMBER 20, 2016
A good economy is good news for retailers in a variety of regards. But for retailers going into the holiday season 2016, a good economy is creating yet another headwind for physical retailers who’ve spent much of the year being buffeted constantly by market pressures. Employment, according to the latest figures, hit 4.9
PYMNTS
MAY 27, 2020
The Memphis-based delivery company has instead seen a massive upswing in low-margin personal home deliveries as people start to shift to eCommerce during the pandemic. FedEx acquired TNT Express in 2016 for boosting its B2B shipments, and Last Mile Experts Managing Partner Marek Ró?ycki
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PYMNTS
OCTOBER 3, 2019
Some geographies are coping with the upheaval in retail better than others, as vacancies in U.S. However, the retail vacancy rate was under 7 percent in 17 cities, with San Francisco taking the lead at 4.1 But 24 cities experienced vacancy rates that exceeded 12 percent, with the inclusion of Buffalo, Memphis and Albuquerque.
PYMNTS
MAY 2, 2018
Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. Management noted on the conference call with analysts following the earnings report that there was a “positive comp gap” between the company and quick-service restaurant peers of as much as 270 basis points.
PYMNTS
OCTOBER 4, 2018
According to news from Reuters , two senior FedEx managers revealed that the company has offered cash bonuses to keep retiring pilots in the air through the holiday shipping season that goes from Thanksgiving to the end of the year. Earlier this week, the National Retail Federation (NRF) reported that holiday sales for U.S.
PYMNTS
DECEMBER 14, 2020
“Every mode of shipping is already under tremendous pressure due to COVID-19-related and holiday shopping constraints, and vaccine delivery just adds another element of disruption to the already fragile mix," said Sean Maharaj, managing director in the logistics practice of AArete, a global consulting firm, to USA Today.
PYMNTS
OCTOBER 30, 2019
Other popular reasons to bow out of meals on subscription include the service being too complicated to manage, recipes being too limited or having learned how to cook from using the service and no longer needing it. So far the only city it has launched in is Memphis — though Nashville and eventually urban areas across the U.S.
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