Good Lifestyle

Deliveries are part of daily life. Whether you send care for your children to college or translate with Amazon products, we all count ondelivery services regularly. Despite this, the reduced need forced a large shipping company to close 90 stores across the country, which means that you could soon say goodbye to a site of brick and mortar near you. Read more to find out which renowned name delivery service closes the stores.

Read this then:This popular retail chain closes stores, from October 5.

We have all noticed an increase in prices at all levels during your grocery shopping, restaurants in restaurants or renewal a lease. In August,The New York Times reported thatThe prices remained high, even if we have seen a certain relief at the gas pump. Compared to 2021, prices were 8.3% higher last month, said the point of sale, citing a consumer price index report on September 13.AE0FCC31AE342FD3A1346EBB1F342FCB

Since March, federal officials have tried to control inflation by increasing interest rates. But the Americans have not yet seen significant relief, byThe New York Times, which could affect unemployment rates when central bankers "reduce" the even more difficult economy, taking higher measures to control prices.

At the same time, we continue to hear about current problems with the global supply chain and the maritime transport industry, which is still struggling in the middle of the cocovated pandemic. From now on, economic problems have also slowed down the world volume of packages, and a large maritime company has been forced to take action.

If you count on Fedex for your shipping needs - or even just to make copies when you need it - you can worry about learning that the company will close more than 90 FEDEX Office locations in the United States.Plans have been revealed In a report on the company's preliminary financial results, published on September 15.

Fedex has not provided additional details on closed locations or when consumers can expect to see "closed" panels in their local store. In an email atBetter life, Fedex said they are not providing additional comments at the moment.

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In the report, the company notes that the first quarter was "negatively affected by the sweetness of the world volume that has accelerated in the last weeks of the quarter".

Fedex was specifically affected by "macroeconomic weakness in Asia and service challenges in Europe", which caused a income deficit of nearly $ 500 million, according to the report. For Fedex Ground, a subsidiary of Fedex, the income deficit was $ 300 million.

"We quickly approach these opposite winds, but given the speed in which the conditions have changed, the results of the first quarter are lower than our expectations".Raj Subramaniam, Said the president and chief executive officer of Fedex Corporation, in a statement.

Subramaniam confirmed that Fedex was in line with the objectives set earlier this year, adding that, although performance is "disappointing", the maritime company "aggressively accelerates cost reduction efforts and assesses additional measures to improve productivity, reduce Variable costs and implement the structure and structure initiatives to reduce costs. "

This includes reducing the frequency of flights, parking of parking temporarily, closing five corporate offices, reducing operations on Sundays to several Fedex Ground locations and the promulgation of a job frost, said The report.

However, after the report was published, investors apparently beware of the economic status of the company. FedexThe stock fell 22% on September 16, and UPS shares were collateral damage, a decrease of 5%, The New York Times reported.

Complicating the questions, in an interview of September 15 with the CNBC Jim Cramer , Subramaniam confirmed that Fedex saw weekly declines In volume since June and "the weekly numbers do not seem so good". Due to the current economic conditions, he added that a "global recession" could be imminent.