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Consumer Packaged Goods: Page 133

137.4 Million Consumers Plan to Shop Thanksgiving Weekend

With the election behind them, consumers are eager to see the deals retailers will offer for the biggest shopping weekend of the year, with 59 percent of Americans - an estimated 137.4 million people - planning to or considering shopping during Thanksgiving weekend, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.

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Thanksgiving Day Shopping Is Here to Stay, But With Tweaks

Thanksgiving Day shopping - a delight to some, an anathema to others - isn't going away, but some stores are rethinking their strategies on whether it makes sense to be open on the holiday itself. Many of the nation's major mall operators and the big retailers that anchor them, such as Toys R Us, J.C. Penney and Macy's, are sticking with what they want to be a new tradition, kicking off the holiday shopping season on Thanksgiving Day.

Labor Department: Clothes Factories for Forever 21, Ross Paid Workers $4 an Hour

It can be hard to ignore the lure of Forever 21, where fall jackets go for $18 and a halter dress can be had for $9. But U.S. Labor Department investigators contend that those deals are costly for people like Pedro Montiel, who said he makes $4.50 an hour putting the labels and other finishing touches on blouses for one of the retailer's suppliers.

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Pitney Bowes Forecasts Parcel Shipping Volume Increase Through 2018

Pitney Bowes, a global commerce technology company, says parcel shipping volume will grow at an annual rate of 5 to 7 percent through 2018, with cross border shipping leading the way, according to the company's Parcel Shipping Index annual report.

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UPS, FedEx Strike E-Commerce Partnership Deals

Both UPS and rival carrier FedEx have announced e-commerce partnership as they head into the busy holiday shopping season that kicks off with Cyber Weekend.

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Will Robots Put an End to Holiday Hiring in the Warehouse?

For retailers and distribution centers, the traditional method for coping with the chaos of the Christmas buying season has been to throw more bodies at the problem. But what if robots could do a better job of handling the surge of activity?

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E-Commerce Expert Says More Brands Should Sell on Amazon

At Gap's annual shareholder meeting this year, CEO Art Peck said, "to not be considering Amazon and others would be in my view delusional." Soon after, Lands' End announced that it would start selling some merchandise on Amazon, as the online behemoth's "credibility of being a desired fashion destination for shoppers continues to grow."

Samsung Enters Automotive Supply Chain With $8Bn Deal

An $8bn acquisition may turn Samsung into a major supplier to the automotive industry. The South Korean smartphone manufacturer has entered into a definitive agreement with Harman International Industries, a market-leading maker of connected-car components, to buy the firm for $112 per share in cash.

Sealed Air Debuts Packaging Technology That Eliminates Outer Boxes

Sealed Air Corporation has announced the launch of its StealthWrap cartoning design, a patented micro-layer, opaque cartoning alternative which allows primary package cartons to be protected for transit without the need for outer boxes or additional packaging materials, the company says.

Stores Hustle to Get Holiday Goods As Fallout From Hanjin Mess Continues

The last Hanjin Shipping vessel dropping off goods in California has set sail from the Port of Long Beach, finally clearing the many ships left stranded by the company's sudden collapse two months ago. But in its wake, the giant shipping line has left a mess that retailers across the country will be sorting out for weeks.

Manufacturers Slow Investment Amid Uncertainty

Spending by manufacturers on plant and machinery is expected to slow over the coming two years, according to research. Manufacturers' organisation EEF said "elevated levels of uncertainty are clouding the ability of businesses to forecast future demand," though this was an underlying trend not altered by June's Brexit vote.

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CIPS Risk Index Rises As Global Commitment Slides

Supply chain managers are facing a new wave of impediments to the flow of goods across borders, said John Glen, economist for the Chartered Institute of Procurement & Supply, as the latest CIPS Risk Index continued to climb to levels not seen since 2013.

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