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Plenty of people shopped on Christmas Day

BY Marianne Wilson
Nothing like doing a little shopping as presents are being unwrapped.
 
E-commerce traffic volume on Christmas Day shattered all previous records according to Verizon Enterprise Solutions’ Holiday Retail Index report.
 
The report finds that traffic continued to build into the Christmas weekend, and reached feverish pitch on Christmas Day which also coincided this year with the first full day of Hanukkah. 
 
Specifically, ecommerce traffic volume to U.S.-based retailers was up 48% on Sunday (Dec. 25), shattering all previous records. Peak ecommerce volume also skyrocketed – up by 78% on Sunday – breaking all previous records. 
 
“Digital commerce is continuing to steal the show this season and the holiday weekend was clearly the tipping point as consumers with gift cards to redeem and purchases to make turned en masse to the virtual marketplace that’s always open for business,” said Michele Dupré, group VP for retail, distribution and hospitality with Verizon Enterprise Solutions.

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Shopko makes food, toy donations

BY Brian Berk

GREEN BAY, Wis. — Shopko customers donated hundreds of pounds of food for Feeding America and thousands of toys for the Marine Toys for Tots Foundation.

According to Shopko, all food items were distributed to community food pantries prior to Thanksgiving, while toys were donated in time for holiday celebrations. In addition to the food items collected, the Shopko Foundation donated $100,000 to Feeding America to support its network of food banks in Shopko communities across the country.

“We are continually amazed at what those in our communities do for those in need,” said Michelle Hansen, manager of the Shopko Foundation. “Thanks to our customers’ generosity, we hope we are able to make the holidays more enjoyable for local residents in need.”

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FTC expected to rule on Walgreens-Rite Aid merger before Trump takes office

BY Brian Berk

WASHINGTON, D.C. — The U.S. Federal Trade Commission will rule on the Walgreens Boots Alliance-Rite Aid merger before the Trump Administration takes office on Jan. 20, according to the New York Post. The newspaper added approval of the transaction is “not guaranteed.”

“It is most likely [FTC] Chairwoman Edith Ramirez addresses it before she leaves,” a source close to the situation told the news outlet, and not leave it to a Republican-led FTC.

A Walgreens-Rite Aid merger would create the country’s largest drug store chain. The proposed move was first announced in October 2015.

Among the reasons why the FTC would consider blocking the deal would be a question of if “Fred’s is too small to replace Rite Aid in markets where Walgreens and Rite Aid are the only drugstore chains,” the Post reported.

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