retail news in context, analysis with attitude

•  Fox Business reports that "FedEx CEO Fred Smith said his company is ready for Christmas 2021, predicting 100 million more shipments this holiday season compared to 2019 despite the global supply chain crisis, as long as it can hire the necessary number of employees to handle the volume.

"Smith appeared on CBS’ "Face the Nation" on Sunday and said FedEx is prepared for the major increase in shipments by leaning on e-commerce and making billions of dollars in investments, including modernizing its air fleet to use less energy and emit less carbon dioxide.



•  Reuters reports that "Amazon.com is seeking approval from U.S. communications regulators to deploy more than 4,500 additional satellites as part of the company's effort to deliver broadband internet to areas around the world that lack high-speed service.

"Amazon had said previously it planned to spend at least $10 billion to build 3,236 such satellites through its Project Kuiper program. Late on Thursday it asked the Federal Communications Commission (FCC) for approval to deploy a total of 7,774 satellites for the project … Amazon said in its filing the satellites 'will serve households, hospitals, businesses, government agencies, and other organizations around the world, including in geographic areas where reliable broadband remains lacking.'

"'Although connectivity has improved on a global basis, only 51% of the global population, and 44% of the population of developing countries, are online,' the company filing said."



•  From Digital.com, a survey saying that "43% of consumers always search a brick-and-mortar business online before visiting for the first time; 48% sometimes do … 23% of consumers who research businesses online are somewhat or very unlikely to visit a business that doesn’t have an online presence … (and) 3 in 4 shoppers who search businesses online are hunting for price information."