[Canada] Outdoor equipment, apparel retailers grow in competitive retail market
Outdoor apparel and equipment retailers MEC, SAIL, and Cabela’s plan to expand their national footprints in Canada, a country that borders three oceans and has more than 40 national parks. According to NPD, a market research firm, nearly half of Canadians identify as outdoorsy and 29 percent enjoy camping, walking, hiking, cycling, and other types of workouts.
[New Zealand] NZ Online Retail Sales – Update for December 2016
Total online retail spending by New Zealanders in December was up 14% compared to the previous December, bringing the 2016 annual spend level to $3.75 billion.
[France] Ecommerce in France was worth €72 billion in 2016
Ecommerce in France has reached the 70 billion mark in 2016, an increase of 14.6 percent compared to the previous year.
[UPS] UPS stock suffers biggest drop in 2 years as e-commerce surge is still causing problems
On Tuesday, UPS stock suffered the biggest drop in 2 years. The culprit surprisingly is its bigger-than-expected surge in e-commerce business. The normal percentage of B2C revenue to total revenue is 55% however the percent spiked to 65% in December. A larger portion of a narrow-margin business in the product mix comes at a cost to the company.
[Wal-Mart] Wal-Mart offers free two-day shipping in latest attempt to compete with Amazon
Wal-Mart will offer U.S. shoppers free two-day shipping on a minimum order of $35 starting Tuesday (1/31/2017). Free shipping will replace its existing two-day shipping program that charges shoppers an annual membership fee of $49. The company will fully refund the membership fee for existing Shipping Pass members.
[Amazon] Amazon will add 2,700 jobs at new $1.5B Kentucky hub
Amazon has committed to invest $1.49 billion and bring 2,700 new jobs to build a worldwide cargo hub at Cincinnati/Northern Kentucky International Airport, the largest investment ever there. Amazon will build several facilities on nearly 920 acres of land, including a 3 million-square-foot sorting facility and a 350,000 square-foot loading dock. It also plans to build enough ramp space to house 100 cargo jets.
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