Tricia Duryee in Commerce on February 7 at 8:27 am PT
Amazon’s growth of 35 percent in the fourth quarter ended up clocking in at more than twice the overall market’s growth, according to comScore, which released new data yesterday.
Tricia Duryee in Commerce on January 31 at 1:21 pm PT
Amazon’s fourth-quarter results fell short of expectations, despite a robust holiday quarter and the launch of the company’s first tablet computer, the Kindle Fire.
News Byte
Lauren Goode in News on January 30 at 7:44 am PT
A
new report from Pew Research Center says that more than 50 percent of U.S. adult cellphone owners surveyed used their devices for shopping purposes while they were in a store this past holiday season. Some 38 percent of cellphone owners called a friend for purchasing advice; 24 percent looked up online product reviews; and 25 percent used their phones to try to find better deals elsewhere or online. In early January, IBM Research
reported that mobile shopping in December 2011 doubled from the same holiday shopping period the year before.
Tricia Duryee in Commerce on January 5 at 9:33 am PT
For the second straight year, Cyber Monday was the biggest online shopping day of the year, hitting $1.25 billion in the U.S.
Tricia Duryee in Commerce on January 4 at 2:00 am PT
Groupon and the other daily deal providers saw sales tank during the week of Thanksgiving, unlike traditional retailers, which reported robust sales surrounding the holidays.
Tricia Duryee in Commerce on December 29, 2011 at 10:25 am PT
But maybe that is the problem. Amazon’s top-selling item this holiday season likely has a profit margin close to $0.
Tricia Duryee in Mobile on December 27, 2011 at 10:07 am PT
A record number of applications were downloaded on Dec. 25, making it a very “appy” Christmas for at least some mobile developers.
Tricia Duryee in Commerce on December 27, 2011 at 6:00 am PT
This year, even more people shopped online on Christmas Day, fueled perhaps by finding change in the couch cushions — or, more likely, receiving gift cards in their stockings.
Tricia Duryee in Commerce on December 22, 2011 at 4:33 pm PT
No big disasters have been reported yet this holiday, but there are signs that record-breaking online sales are starting to take their toll on retailers and shippers.
Tricia Duryee in Commerce on December 22, 2011 at 6:00 am PT
Nintendo is seeing some of its biggest consumer demand this year in the weeks leading up to the holiday, resulting in record sales of its Wii, the 3DS and games, too.
