Retailers Expecting Another $1 Billion-Plus Cyber-Shopping Spree Today

A year ago today was the biggest online shopping day of 2010, and now retailers are expecting another big blowout as consumers turn out to shop while they work.
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Sam's Club to Use Wi-Fi to Push TVs

This holiday season, Sam’s Club is making a big bet on Internet-connected television sets—and hopes that providing free Wi-Fi in its stores will help draw customers to the new technology. The Wal-Mart Stores Inc. membership warehouse chain’s more than 500 clubs will be outfitted with Wi-Fi by November.

Early Holiday Spending Suggests Strong Season for TVs, Videogames

Consumers are generally cautious heading into the critical holiday shopping season, with preseason trends suggesting that electronics sales may be solid while sales of apparel, particularly women’s styles, could get pummeled. Spurred by the release of a hot videogame and earlier-than-usual promotions on televisions, U.S. shoppers spent 6.1 percent more on electronics in the first half of November the month, through Nov. 14, than a year ago.

Price Cut to Give Xbox Sales an Early Christmas Goose

Who will win the gaming console price war of 2009? Consumers. Two weeks after Sony lowered the price of the PlayStation 3 to $299 from $399, Microsoft did the same for the Xbox 360 Elite, slashing $100 off the price of the console. In addition, the company cut the price of its now discontinued Xbox 360 Pro console by $50 to $249.99, while supplies last.
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Amazon. Earth's Biggest Bookstore Disappointment

Are online sales largely recession-resistant? Not according to Amazon’s latest earnings. Though its third-quarter profit rose 48 percent from the same period last year on revenues of $4.26 billion, the Internet retailer lowered its full-year sales outlook. By $1 billion.

Amazon. Earth’s Biggest Bookstore Disappointment

Are online sales largely recession-resistant? Not according to Amazon’s latest earnings. Though its third-quarter profit rose 48 percent from the same period last year on revenues of $4.26 billion, the Internet retailer lowered its full-year sales outlook. By $1 billion.