Tag: UPS

Walmart, UPS and others are staffing up for an online shopping surge this holiday season

The upcoming holiday shopping stretch will look much different for retailers in a pandemic.

Instead of preparing for door-busters on Black Friday and frenzied shopping in stores before Christmas, many retailers and shipping companies are beginning to staff up in anticipation of a flood of online delivery and curbside pickup orders.

Walmart, which has already hired more than 500,000 workers in stores and across its supply chain since March to meet growing demand in the pandemic, said Wednesday that it will hire more than 20,000 seasonal workers in e-commerce fulfillment centers across the country “to prepare for an expected increase in online shopping.” Walmart has stores every year that bring on seasonal associates, according to a spokesperson, but the last time Walmart hired a “large number of seasonal associates” was in 2015, when Walmart added 60,000 holiday workers for stores.

Other companies are also preparing for the online shopping rush

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Capitol Music Group Ups Nick Osborne To SVP/Digital Strategy & Business Development …




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Nick Osborne



CAPITOL MUSIC GROUP has promoted NICK OSBORNE to SVP/Digital Strategy & Business Development. Since joining CMG in 2016, OSBORNE has conceived and developed many innovative endeavors within the digital realm. He also oversees all of the company’s digital agreements and continues to co-lead CAPITOL’s Innovation Center, which he co-founded in 2018. 

CMG COO MICHELLE JUBELIRER said, “NICK brings such an innovative approach to the digital space, and his initiatives have proven to be of great benefit to our artists, our company and the industry at large. I know that everyone within CMG joins me in congratulating NICK on this well-deserved promotion.”

“I want to thank STEVE BARNETT, MICHELLE, GEOFF HARRIS and everyone at CMG for their continued investment and support in me and my team as we strive to make our labels the most digitally forward and innovative in the industry,”

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EBay activates plan to shift more business to UPS and away from Postal Service because of mail delays

The company said that by the end of September, eBay sellers will be able to print out discounted UPS shipping labels, at a cost up to 62 percent cheaper than typical UPS rates.

For the Postal Service, the loss of eBay revenue could be substantial: A spreadsheet of the Postal Service’s largest customers prepared last spring showed the e-commerce site was agency’s second-largest retail customer, shipping more than 130 million items up to that point in the fiscal year. The USPS generated more than $743 million in revenue from eBay packages in that fiscal year while grappling with a $160.9 billion deficit.

EBay is second only to Amazon, which generated more than $2.3 billion in revenue for USPS during the same time frame, and whose business top Postal Service managers were fearful of losing, The Washington Post reported this week.

EBay facilitates online sales by private individuals and businesses across

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FBMM Ups Jason Leiss To Associate Business Manager




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Leiss



NASHVILLE-based business management firm FBMM has promoted JASON LEISS to Associate Business Manager, where he will work with SCOTTY MCCREERY, JOHN HIATT, TENILLE TOWNES and SAM HUNT. LEISS joined FBMM in 2010 and was upped to Account Executive in 2012. In 2015, he qualified for Account Manager status and in 2018, achieved the requirements for Senior Account Manager. 

“JASON epitomizes the ethos of FBMM,” said company co-owner DAVID BOYER. “He brings incredible energy, passion, focus, intelligence and wisdom to bear in providing invaluable guidance and oversight of the huge variety of both business and personal and logistical and financial issues modern musical artists contend with, all with a huge dose of empathy and compassion, and all while maintaining a wonderful sense of humor and modesty.”

“Being involved in the industry as a musician sparked my hunger to serve artists in the music

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UPS: New CEO, New Strategy To Deliver Sustainable Alpha (NYSE:UPS)

Introduction – following a tried and true playbook

Not following its usual practice, UPS (UPS) appointed a board member as CEO as of June 1: Carol Tome, the long-serving CFO of Home Depot (HD). This former banker helped lead HD through the aftermath of the housing bust. From a Great Recession low below $20, HD has soared above $275, while paying steadily rising dividends. The strategy there was to more or less freeze the store count, not expand into Europe, Asia or South America, and focus on optimizing operations. Operating margins rose, and HD was relatively early in emulating Amazon (AMZN) in utilizing technology in the service of selling “stuff.” I discussed this point two years ago in How Home Depot Is Moving Toward Tech To Drive Alpha.

HD’s recovery from the Great Recession and entry into a strong bull phase stemmed from optimizing its assets; becoming better rather than

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Macon girl and UPS driver strike friendship over her beaded jewelry business

Kinsley Teal runs her own business making beaded jewelry. One day her local UPS driver purchased a bracelet giving her words of encouragement.

MACON, Ga. — A Central Georgia girl is running her own business making beaded jewelry for people across the United States.

She recently made friends with a local UPS driver that keeps her business thriving.

“Since I was three, I did something with baby beads,” Kinsley Teal said. 

Ever since Kinsley was little she had a passion for crafting. 

“When I grew older, I wanted to make beads to sell,” Teal said.

This summer, Teal did just that in launching Beads by Kins. She specializes in beaded earrings, necklaces and more, which means her mailbox stays full. 

One day, UPS employee Ryan Mathis took an interest in all the packages. 

“I was asking, I was curious about it. I was asking what did she have going right

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UPS submits initial proposal to build 46,600-square-foot Broomfield facility

United Parcel Service Inc. (NYSE: UPS) is looking to build a package distribution center near Broomfield’s Interlocken business district.

According to filings submitted to Broomfield planning staff, the delivery-service giant is planning to place the center on an undeveloped plot near 10355 W. 120th Ave., nestled between the Interlocken Office Park to the north, the Rocky Mountain Metropolitan Airport to the south and less than a mile west of the Denver/Boulder Turnpike.

UPS estimates that the value of the center if built would be about $10.6 million.

It’s unclear what UPS’ expected construction timeline is, or how many jobs could be produced within the center. A spokesman for the company declined to comment directly about the proposal, but said the greater Denver area is a location that UPS is considering for additional improvements to its ground network.

In March, the E-commerce giant Amazon Inc. (Nasdaq: AMZN) and McWhinney Real Estate

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The Zacks Analyst Blog Highlights: TSLA, MA, UPS, SQ and CL

For Immediate Release

Chicago, IL – September 8, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Tesla TSLA, Mastercard MA, United Parcel Service UPS, Square SQ and Colgate-Palmolive CL.

Here are highlights from Friday’s Analyst Blog:

The Earnings Big Picture and Analyst Reports for Tesla, Mastercard and More

We have provided a big-picture update on the evolving earnings backdrop in today’s Zacks Research Daily. And as we always do, we have featured fresh research reports on 16 major stocks, including Tesla, Mastercard and United Parcel Service. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

The Earnings Discussion 

This is a

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