XPO Logistics Survey Shows Strong Confidence in On-Time Fulfillment of Record Holiday E-Commerce Orders
XPO, Inc. (XPO)
Last xpo, inc. earnings: 2/10 04:15 pm
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Source: GlobeNewswire
GREENWICH, Conn., Nov. 19, 2020 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO), a leading global provider of supply chain solutions, has released findings from an October survey on e-commerce trends during COVID-19. The company expanded the scope of its most recent survey to include retailers and consumers in the US, UK, France and Spain, and narrowed the focus to holiday shopping behavior this year. Numerous retail analysts predict that a spending shift to e-commerce will be the dominant trend in fourth quarter retail activity. The survey found that buyers and sellers were almost universally positive about the ability of supply chains to meet the increased demand, despite heightened safety restrictions. Key consumer findings 85% of respondents believe that their online holiday purchases will arrive on time 51% prefer to purchase gifts online, while 27% prefer in-store shopping, with online as their second choice 60% cited price as the most important factor when making a ho
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