With its latest earnings report late last month, Amazon.com reminded investors that online retailers can still put up eye-popping growth. Amazon shares surged nearly 11% a day after the company said sales rose 23% from a year earlier. In fact,
With its latest earnings report late last month, Amazon.com reminded investors that online retailers can still put up eye-popping growth. Amazon shares surged nearly 11% a day after the company said sales rose 23% from a year earlier. In fact, Amazon said that a one-day sale for its Prime members held in July added about two percentage points to quarterly revenue on its own.
Online shopping continues to increase its share of the retail pie, whether we’re using PCs, tablets, or increasingly, our phones. According to a recent forecast, holiday online sales are projected to rise 11% from last year, and Cyber Monday – the Internet’s biggest shopping day of the year – is expected to bring in $3 billion across the Web.
‘Tis the season, then, to make Couch Commerce our Motif of the Week. Beginning today through Friday, Nov. 6, you can trade the motif, commission-free.
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Greg Bensinger, “Amazon Posts Surprise Profit, While Sales Surge,” wsj.com, Oct. 22, 2015.
“Online sales set to soar 11% this holiday season,” CNNMoney.com, Oct. 29, 2015, http://money.cnn.com/2015/10/29/technology/adobe-holiday-shopping/index.html.
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