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We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member., Inc. (AMZN)’s 14% Increase In Winter Workers: Liz MacDonald

Like many other stocks, Inc. (NASDAQ:AMZN) hasn’t been doing particularly well on the stock market lately and hence there is a strong need for positive news to come from the company’s helm. To this end, Inc. (NASDAQ:AMZN) hasn’t disappointed its investors as the company hints the market that it is gearing up for an increased number of sales for the upcoming holiday season. Liz MacDonald of Fox Business reported on the story., Inc. (NASDAQ:AMZN)

The importance of holiday season cannot be stressed enough in the prevalent market conditions with weak retail numbers from companies flowing in every now and then and thus exacerbating the sell off even more. Amazon also has National Retail Federation to its side, since the latest figures released from the department show an increase in online shoppers for the crucial holiday season., Inc. (NASDAQ:AMZN) will most like gain a major chunk of these sales since EBay, its e-commerce competitor has revised its forecasts for holiday sales downwards.

“[…], Inc. (NASDAQ:AMZN) is putting out a bullish signal that it will hire 10,000 more holiday workers this shopping season for Christmas. It’s going to be 80,000 workers versus 70,000 workers from last year, Sandra, and still the National Retail Federation is sticking to its forecast for 4% increase in holiday shopping sales and record numbers of people to buying online […],” reported MacDonald., Inc. (NASDAQ:AMZN) has also lately been in the news on account of the first ever brick and mortar that the e-commerce is setting up in Washington. Besides, the publicity that the store will provide itself, the news also has the added advantage of keeping Amazon in the heaadlines, and that too for the positive reasons. The same cannot be said about its competitor, eBay though which has lately come under a lot of criticism for planning to spin off its payment arm, PayPal.

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