Posted by Mark J. Miller on November 11, 2013 10:18 AM
Can Amazon save the United States Postal Service? Well, no, but it can make the long-suffering government agency do something nobody could have possibly predicted—work on Sundays.
Starting this week, the USPS will deliver Amazon's packages on Sundays in the New York and Los Angeles metropolitan areas. The move comes ahead of the busiest holiday season, and as the USPS would end up eliminating Saturday delivery in order to save billions of dollars annually.
Now Amazon has worked out a deal with the US Postal Service, which lost nearly $16 billion last year, for the agency to use flexible scheduling with its current employees to get its goods to customers, according to a press release.
It’s a pretty sweet deal for Amazon Prime customers since UPS and FedEx don't deliver on Sundays. Amazon's plan is that the Sunday-delivery option will be introduced to Dallas, Phoenix, New Orleans, and other cities next year and be available throughout the whole year, not just at the holidays.Continue reading...
Posted by Dale Buss on November 11, 2013 09:11 AM
BSkyB shares hit by BT Champions League football rights deal win.
CBS criticized for not running more extensive apology over flawed Benghazi report.
Alibaba set for US$5B boost from China's online "Singles Day."
Adidas sprints for lead with Smart Run watch.
Amazon taps U.S. Postal Service to establish Sunday delivery for Prime customers.
Apple finds surprising market growth in Japan as China supply chain practices face fresh criticism.
Bank of America may have to pay US $864M over "Hustle" loans.
Bloomberg curbs reporting that might anger China.
Boeing and Japan Air Lines face another Dreamliner battery incident.
Bottega Veneta unveils new 'green' headquarters.
Cadillac's new CMO aims to focus brand around design.
Charmin pulls cheeky Twitter ad campaign.Continue reading...
Posted by Dale Buss on November 7, 2013 08:20 AM
Twitter prices IPO at $26 for today's launch.
Abercrombie & Fitch will increase styles, sizing to improve sales.
Nestle sells Jenny Craig.
Amazon offers olive branch to independent bookstores.
Bitcoin hits all-time high.
Facebook debuts new like and share buttons.
Fiat says Italy car market shows no signs of recovery.
Rob Ford, Toronto mayor, admits to using crack cocaine—while wearing an NFL neck tie.
GM expands online Shop-Click-Drive program nationwide.
Google is ordered to remove sex images by French court.Continue reading...
Posted by Mark J. Miller on April 24, 2013 07:48 PM
While the United States Postal Service is floundering, it apparently still has plenty of cash to fund a hefty contract that ensures mail is transferred between US airports. FedEx announced that it had won the bid to fly Express and Priority mail for the next seven years to the tune of $10.5 billion, despite some competition from UPS.
The new contract, which will begin in October, continues the previous relationship between the USPS and FedEx, and ultimately saves FedEx from another dip in profit and stocks.
“This contract win is a sorely needed shot in the arm for FedEx,” Justin Yagerman, an analyst at Deutsche Bank in New York told Bloomberg. FedEx shares have fallen 15 percent since its 2013 high on March 15. If that business had gone to UPS, the stock would have surely seen continued decline. Last year, FedEx received about $1.62 billion a year from USPS, while this new deal will see it receiving $1.5 billion. While the margins are lower, things could have been much worse.Continue reading...
Posted by Barry Silverstein on April 10, 2013 05:33 PM
Posting mail has traditionally been part of most national governments' service to citizens. But in an era when digital communication is out-pacing print, it is increasingly difficult to justify the cost of mail delivery service. The problems of the U.S. Postal Service are, of course, well known. Recently, the USPS said it would end Saturday delivery to save money, but just this week, it reversed that decision, saying a new Congressional budget would prevent the move—so its struggles continue unabated.
If you think the mail delivery problem is restricted to the U.S. Postal Service, take a look at Great Britain's hallowed institution, Royal Mail.
Royal Mail's origins pre-date the American Revolution. Royal Mail has been part of the fabric of British life, as visible and respected as, well, the Queen of England. The Royal Mail has always had an ironclad guarantee of reliability, value and mail delivery at the same price, regardless of where in the UK a person resides.Continue reading...
Posted by Sheila Shayon on March 5, 2013 01:33 PM
The same-day delivery battle just turned towards all-out war as Amazon, eBay and now Google enter the fray. Google is preparing to take on Amazon Prime, eBay Now and Postmates’ “Get It Now” with its own “Google Shopping Express.”
“In our competitive retail space, retailers that transform the shopping experience to hit on convenience, economics, exclusivity, and overall experience, will win over nearly every type of consumer—one exclusive product, deal, or delivery at a time.”
Google Shopping Express, which has yet to be launched, will be offered for a rumored $10 or $15 cheaper ($69 or $64 a year) than Amazon's Prime, with same-day delivery from brick-and-mortar stores including Target, Walmart, Walgreens and Safeway. Continue reading...
Posted by Sheila Shayon on March 4, 2013 02:02 PM
LIVESTRONG is still very much alive as it strives to move out from under the enormous shadow cast by its founder, disgraced cycling champion Lance Armstrong.
A new brand refresh involving a new logo and addition of the word “Foundation” was revealed during the State of the Foundation address at the Livestrong Assembly last week in Chicago, expanding the “visual brand to show that the LIVESTRONG ethos—the belief in survivorship—is not abstract. Thousands of people and many critical programs are the “Foundation” beneath that ethos.”
“After its founder Lance Armstrong was publicly revealed to be a cheater, a liar, and a complete and utter d**khead,” comments Mediabistro, “it was hard to believe the LIVESTRONG foundation would survive the fall-out. After all the charity, which aims to provide free cancer support services for those battling the disease, had its brand so tied to Armstrong’s own story that when Armstrong lost all credibility, it seemed like he would take LIVESTRONG down with him.”
The disgraced cyclist had his seven Tour de France victories wiped from the record books, may be stripped of the Legion d'Honneur and faces being deposed in several pending cases which altogether leave him liable for more than $100 million.Continue reading...
Posted by Mark J. Miller on February 11, 2013 12:41 PM
The old adage about mail being delivered whether there is rain, sleet or snow doesn't cover whether the letter carrier makes appointed rounds if the Postal Service is losing billions of dollars.
The USPS, of course, has announced that as of August, Americans won’t be getting deliveries on Saturdays, due to the service losing $1.3 billion in the final quarter of 2012. (Holiday mailings were expected to stave off such massive losses.) and $16 billion in its previous fiscal year. (Esquire has an expansive piece out this month looking at the service's wide-ranging woes.)
No hint of the service's troubles seems apparent on its Facebook page, which announces "6-Day Package/5-Day Mail Delivery" in a manner that almost seems to suggest it's an improvement. It also calls itself "the largest, most efficient postal company in the world" (with a retail network that is "larger than McDonald's, Starbucks and Wal-mart combined") and reminds Americans that a stamp that costs 46 cents in the U.S. is priced at an average of 93 cents elsewhere in the world.Continue reading...