Black Friday online sales top $9 billion in new record!

Consumers spent a record $9.12 billion online shopping during Black Friday this year, according to Adobe, which tracks sales on retailers’ websites. Overall online sales for the day after Thanksgiving were up 2.3% year over year, and electronics were a major contributor, as online sales surged 221% over an average day in October, Adobe said.…

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Inefficient contractors fail, how to avoid the pitfalls.

Good morning, good afternoon, and good evening all.  I’m sure you’ve seen the headlines by now, Contractors are facing certain bankruptcy if they don’t receive a raise!  Each Contractor has a unique service area they deliver to.  I do not believe two service areas fit the same mold. I started working in this space in…

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Online sales rose 2.2% in June as consumers remain resilient.

Consumer spending held up during June’s inflation surge, with retail sales rising slightly more than expected for the month amid rising prices across most categories, the Commerce Department reported Friday. Advance retail sales increased 1% for the month, better than the Dow Jones estimate of a 0.9% increase. That marked a big jump from the…

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News and takeaways from FedEx investor day.

FedEx held its annual investor day in Memphis, TN, on June 29, 2022. During the broadcast, several themes emerged from the presentations: asset utilization, collaborative initiatives, and optimization of line haul networks. The last several years have seen intensive capital investments in buildings. The problem is no company can keep up with the demand, as…

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What are the successful Contractors doing?

Over the last few years, our business has changed rapidly in the face of unprecedented challenges. From the covid-19 pandemic to high inflation, we want to examine the past few years and the lessons learned during this time. Whether you own a FedEx Ground business or a small business on Main Street, no company has…

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