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Thursday, feb 27
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Thursday, feb 27
News
New Tips: Prevent Porch Pirates From Spoiling Holiday Season
With holiday season in full swing, e-commerce sales are on the rise. That being said, it only takes a moment for a package to get snatched and stolen right off of your porch by what people are calling ‘porch pirates.’ Police are raising awareness about this type of thievery, which is becoming increasingly popular in many areas. Here’s what you need to know about preventing porch pirate thievery this season: Get Packages Delivered to an Alternate Location If you live in an area that’s particularly prone to pirates, consider getting packages sent to an alternate address, like your workplace.…
Business
And We're Off: First-Ever $1 Trillion Holiday Shopping Season Expected
Black Friday is here and this holiday shopping season is expected to be one for the books. The spending forecast is above $1 trillion for the first time, with e-commerce sales comprising an estimated $123.7 billion, according to eMarketer. There are a number of ‘macroeconomic indicators’ that hint at this spike in shopping season sales; a positive labor market, increased consumer confidence, and overall GDP growth and lower unemployment. If estimates are correct, the total increase in spending will be 5.8% higher than last year’s sales and spending numbers.
Lifestyle
In Person Or Online? How Do You Get Groceries? Survey Shows Public's Choice
Online shopping for food and beverages? Most consumers are not ready to do that yet, according to a survey by Morning Consult. Of the 2,000 American adult shoppers polled, more than two-thirds (67 percent) have never purchased packaged food or beverage products online, the e-survey and market research firm said in its “Consumer Insights On The Food and Beverage Industry” report. Meanwhile, 65 percent of those who have never bought groceries online indicated that they have no interest in doing so in the future, according to this report by supermarketnews.com Sixty-five percent of people who…
Business
Amazon Hikes Cost Of Prime Service By 20 Percent
Amazon Prime is about to cost customers a few more dimes. Actually, more than a few. A 20-percent increase to be precise. Citing new Prime features and increased costs, Amazon CFO Brian Olsavsky announced on Thursday afternoon that the cost of membership will be upped to $119 annually beginning on May 11 for new customers. Existing members will see their bill increased as of June 16. Prime - once renowned for its free, expedited shipping - has introduced several new features since its inception, including streaming video, free two-hour delivery for certain products, Twitch viewing and dea…
Business
Rite Aid, Albertsons -- With $83 Billion In Revenue -- To Merge
Supermarket giant Albertsons said Tuesday, Feb. 20 that it plans to buy the remnants of the struggling Rite Aid drugstore chain, according to multiple news reports. But this report by Fortune said Albertsons might be buying a lemon in Rite Aid. Albertsons is touting a better ability to serve pharmacy customers as one of the merger's potential benefits. But in Rite Aid, Albertsons, a chain which operates grocery stores such as Safeway and Jewel-Osco on top of its namesake, is buying a severely diminished drugstore chain, Fortune reported. Meanwhile, Walmart saw its stock drop by more than…