In a statement Amazon.com Inc said, it plans to hire at least 150,000 seasonal workers in the U.S. during the holiday period. The development marks the world’s largest online shopping giant preparing for the upcoming shopping season which is typically… Read More ›
The coronavirus-induced COVID-19 pandemic is boosting up air freight rates as we head into peak Christmas shopping season. The pandemic, which caused a sharp fall in passenger flights, in tandem with rising demand for e-commerce has set the stage for… Read More ›
The bulk of the items excluded from the 10% tariffs hike, which will go into effect from September 1, includes household furniture, internet modems, routers and baby items. In a significant development, the Trump Administration has lifted import curbs on… Read More ›
Demonstrations by “yellow vests” have led to a 35% fall in daily revenues as well as 47% drop in footfalls for French retailers. On Friday, French retailers stated, protests against rising fuel prices as well as French President Emmanuel Macron’s… Read More ›
Eddie Lampert, Sears Holdings Corp’s largest shareholder and lender, is hoping to use the proceedings to help Sears tide over liquidation ahead of the crucial holiday shopping season. According to sources familiar with the matter at hand, Eddie Lampert, Sears… Read More ›
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