
“Watch out Versace and Chanel. Next year the US Postal Service plans to start selling its own clothing range, based on its uniforms. There was a time when your local post office would mainly sell stamps and deliver letters. No longer. According to the Universal Postal Union (UPU), global letter- and light parcel delivery volumes dropped by 3.7 percent in 2011 from a year earlier, and by 5.1 percent when just counting Europe and the former Soviet Union. USPS tripled its losses in 2012, losing $15.9 billion as the state-owned enterprise faces tough competition and what it calls onerous and unfair retirement funding requirements.”
(Visited 465 times, 1 visits today)
Related posts:
Libertarian group joins fight against garage restrictions in Dearborn
How Will the IRS Tax Bitcoin?
Pentagon linked to Iraqi torture centers by Central American ‘dirty war’ veteran
Retroactive California tax terrifies tech
Obama gives 83% of export loan guarantees to Boeing
Bankers: College debt bubble mimics housing bubble
Thousands of heavily armed police swarm Boston town in bombing suspect manhunt
Pew Poll: More Than 1 In 4 Americans Believe Government Is The Enemy
Ecuador breaks US trade pact to thwart 'blackmail' over Snowden asylum
U.S. demands release of Americans imprisoned in Iran
ECB's Weidmann: pressure on central banks risks FX competition
China’s Largest Bank Declares War on Alibaba
U.S. Scrutiny for Banks Shifts to Commerzbank and Germany
UN group warns of ‘significant’ cybersecurity vulnerabilities in mobile phone technology
Silk Road Website Manager Green Pleads Guilty to 1 Drug Charge