The Traderszone Network

Published in TZ Latest News 26 October, 2015 by The TZ Newswire Staff

UPS counting on small retailers to save Christmas

After two years of disappointing profits from the holiday season, United Parcel Service Inc (UPS.N) is hoping a network of mom-and-pop retailers will help it avoid a third blue Christmas. The coming weeks will be a referendum on the expansion of UPS’s Access Point network earlier this year to 8,000 locations in 100 cities from a few large test markets. In densely populated areas, Access Point will “have a dramatic impact” on UPS’s ability to operate during the peak season, said Geoff Light, U.S. president of product development.