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Holiday shopping moves online amid surging coronavirus, retailers face shaky prospects
File Photo Long lines and crowds at shopping centers have been as much a Thanksgiving tradition as the turkey dinner, but this year, things could look different. As COVID-19 numbers continue to surge, rushing to brick-and-mortar retail stores might seem not so appealing to many, and the holiday shopping season is moving online. “More and more shopping was already moving online, but COVID-19 concerns are definitely accelerating the shift to online buying,” David Reibstein, a marketing professor from Wharton School at the University of Pennsylvania, told Xinhua. The trend is evident as shown by recent data. Walmart, the nation’s largest retailer, reported that its third-quarter e-commerce sales surged 79 percent from a year ago. Amazon, the largest e-commerce retailer, reported a 37 percent ...
CAC withdraws registration of ‘Enough is Enough’
The Corporate Affairs Commission, CAC, Tuesday cancelled the registration of the Business name ‘Enough is Enough’ with immediate effect. The commission disclosed this on its Twitter handle, @cacnigeria1. “Based on the provisions of Section 579 (2) of the Companies and Allied Matters Act, (CAMA), the Corporate Affairs Commission has cancelled the registration of the Business name “Enough is Enough BN 2210728” with immediate effect. “The Business Name “Enough is Enough” which was registered in 2012 to engage in General Contracts, Sales of Sport Equipment/Promotion deviated from its main objectives over the cause of time. “Consequently, the Commission has removed it from its database and advised the proprietors to surrender the certificate earlier issued to them.” Get more stories like this o...
Nigerian nationals in US now to be evacuated Saturday
Luc Doan/Foursquare The federal government has announced that the evacuation of the first batch of Nigerians from the United States will take place on Saturday, May 9, as against Sunday, May 10, 2020 that was earlier announced. It added that the Ethiopian Airline aircraft would depart Newark Liberty International Airport, New Jersey, on May 9, 2020 at the estimated time of 19:15 hours and arrive at the Nnamdi Azikiwe Airport, Abuja on May 10, 2020, at the estimated time of 11:15 hours. The Consulate General of Nigeria in New York in a statement dated May 5, 2020, and made available to journalists on Thursday, added that only 270 passengers would be accommodated in the evacuation batch. It stated categorically that the mission would attend to applicants on a first come, first served basis a...
