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Tag: worries

Amazon to hire 100,000 workers as online orders surge on coronavirus worries, Retail News, ET Retail

Amazon.com Inc on Monday said it would hire 100,000 warehouse and delivery workers in the United States to deal with a surge in online orders, as many consumers have turned to the web to meet their needs during the coronavirus outbreak. With shoppers clearing out shelves in fear of quarantines or product shortages, retailers are …

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Jim Cramer worries about Casper’s big losses in post-WeWork IPO world

CNBC’s Jim Cramer expressed concerns about the fundamentals of Casper Sleep‘s business ahead of the online mattress start-up’s Thursday debut as a publicly traded stock. The company’s shares opened at $14.50, a more than 20% increase from the offering price, before closing at $13.50. “The losses here are staggering” for the business, Cramer said on …

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BDO: Trade tensions, economic worries cutting into holiday spending

Get great content like this right in your inbox. Subscribe One in four consumers will spend less due to trade tensions this holiday season.  Despite the current positive outlook for holiday spending, uncertainty around trade tensions, tariffs and an impending economic downturn may curb receipts this year and create concern for retailers’ bottom lines, according to …

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