Tag: Amazon-Prime

Online Shopping Sets Record Even as Consumers Procrastinate

The Economist, via numbers from Comscore, tells us that since the beginning of November online spending is up by 18% compared with 2006. And Thursday December 6th was the “biggest online spending day yet” with sales of $803m, which made for a weekly online sales record of $4.6 billion (see chart below). Meanwhile, the Wall

Continue Reading…

Tag: Amazon-Prime

Amazon Profit Triples, Consumers Love Free Shipping & Harry Potter

Amazon reported that profit more than tripled in the second quarter and was optimistic enough to raise its forecast for the year. And the sales momentum is set to continue, especially considering more than 2.2 million copies of “Harry Potter and the Deathly Hallows” were ordered on the site in advance of the July 21

Continue Reading…