Evening Standard Royal Mail plummets as Amazon drive stamps on parcels growthEvening StandardThe City, however, thought otherwise, with IG Index's market analyst Chris Beauchamp saying: “The spectre of Amazon looms large, casting a shadow on Royal Mail's numbers. Amazon is likely to become a permanent fixture in Royal Mail's reporting.” … …
Read More »Royal Mail PLC Faces Amazon Competition, Shares Fall – ValueWalk
ValueWalk Royal Mail PLC Faces Amazon Competition, Shares FallValueWalkAmazon.com, Inc. (NASDAQ:AMZN)'s recently-launched delivery service could single-handedly dent Royal Mail's business by as much as 2% in the short term. Royal Mail PLC (LON:RMG) (OTCMKTS:ROYMY) posted disappointing half-year results and …Royal Mail PLC Rating Reiterated by Investec (RMG)WKRB NewsRoyal Mail PLC Receives …
Read More »Royal Mail profits hit as it is swamped by Amazon network – Financial Times
Royal Mail profits hit as it is swamped by Amazon networkFinancial TimesRoyal Mail's attempts to overhaul its business since privatisation last year faltered as it revealed a 21 per cent drop in first-half operating profits amid stiff competition from Amazon's new delivery network. The FTSE 100 company placed parcels … …
Read More »Milnthorpe post office to relocate
MILNTHORPE Post Office is to move next February from its Park Road premises to the nearby McColl's convenience store at The Square. More: continued here
Read More »Australian TV host puts ‘stanky’ suit up on eBay for auction – Today.com
Parcel2Go.com Australian TV host puts 'stanky' suit up on eBay for auctionToday.comEarlier this week, the world outside of Australia got to know morning show host Karl Stefanovic and his much-worn navy blue suit. Now, the suit itself has taken the stage. The eBay stage, that is. Stefanovic has put the …
Read More »Can Royal Mail survive in the private sector?
Royal Mail is facing tough competition in the parcel delivery business which is hitting profits More: continued here
Read More »Royal Mail shares deliver volatile run – Financial Times
Royal Mail shares deliver volatile runFinancial TimesSome early pre-Christmas cheer for investors in Royal Mail proved shortlived on Wednesday, as its shares went on a volatile run on the FTSE 100. The stock initially topped the main London index after its interim profit arrived at the top end of forecasts. …
Read More »Royal Mail Warns Amazon Deliveries to Cut Size of Parcel Market – Bloomberg
Royal Mail Warns Amazon Deliveries to Cut Size of Parcel MarketBloombergWhile full-year results will depend on sales over the Christmas period, the company said it expects U.K. costs to be flat on an underlying basis for the year. Royal Mail said a reorganization program will deliver savings of about 70 …
Read More »Ebay founder Omidyar commits $50 million to combating global slavery – Reuters
Yahoo News UK Ebay founder Omidyar commits $50 million to combating global slaveryReutersLONDON (Reuters) – Ebay founder Pierre Omidyar and his wife are to donate $50 million to tackling slavery worldwide, the chief executive of their US-based foundation Humanity United said on Wednesday. Almost 36 million people are living as …
Read More »Can Royal Mail survive in the private sector? – Telegraph.co.uk
Telegraph.co.uk Can Royal Mail survive in the private sector?Telegraph.co.ukA boom in parcel delivery was the great hope for Royal Mail when it floated last year. However, the company now says that the impact of online retailer Amazon and others launching rival services will slow growth in Royal Mail's parcel business …
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