Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek

Trending

Filed under: News | Other Stuff

 

Week After Cyber Monday Sees E-Commerce Sales Slow

Dec 15 2008, 12:00pm CST | by

10 Updates
Week After Cyber Monday Sees E-Commerce Sales Slow
 
Buy consumer electronics from Amazon Cyber Monday and Black Friday Now
 

Comments

Full Story

Week After Cyber Monday Sees E-Commerce Sales Slow

After a lackluster Black Friday shopping week, blamed in part on the lack of good deals for shoppers, retailers hoped for a better Cyber Monday. Cyber Monday sales are reported to have been up by 3% by with total sales of $8.26 billion.

Despite sales growth on Cyber Monday, things have slowed in online shopping. Comscore shows that the most recent week of December 8 -12 sales slowed by 1%. Since Cyber Monday, the top sales categories (in order) are apparel and accessories, books and magazines, flowers and greetings, video games, computer hardware, toys and consumer electronics.

"After a very strong first week of December, e-commerce sales growth slowed somewhat during the most recent week," said comScore chairman Gian Fulgoni. "However, the week still managed to see a few particularly strong spending days, with sales of $887 million on Tuesday, December 9 surpassing Green Monday last year (December 10, 2007) as the heaviest online spending day on record. With Christmas now fast approaching, look for online retailers to continue to offer enticing last-minute deals, including discounts on expedited shipping, to spur a final wave of spending. In fact, some retailers are even willing to offer free shipping as late as December 18 this year with a guarantee that the shipment will arrive by Christmas Eve. It will be interesting to see the impact that this offer has in terms of pulling additional spending from retail stores to the online channel."

Via Comscore

 

iPad Air Giveaway. Win a free iPad Air.

You Might Also Like

Updates


Sponsored Update

Update: 10

Selangor’s Watergate about to explode

Source: Malaysia Today

LEBANON-SAMAHA-AZMI BISHARA-ISRAEL
Anwar brought Wan Azmi to meet Khalid to try to resolve this matter. Anwar supports the RM2.5 billion claim but Khalid is stubbornly sticking to the figure of RM250 ...
Source: Malaysia Today   Full article at: Malaysia Today 16 hours ago, 4:12am CDT
 


Advertisement


Update: 9

GLCs told to provide RM7 billion to develop Bumiputera firms

Source: Malaysia Today

EurAsia Cup presented by DRB-HICOM - Day One
(The Malaysian Insider) – Putrajaya has directed government-linked companies (GLC) to generate RM7 billion in business opportunities for Bumiputera firms this year, Prime Minister Prime Ministe ...
Source: Malaysia Today   Full article at: Malaysia Today 6 days ago, 2:05am CDT
 

More From the Web

Update: 8

Rafizi shows proof of Putrajaya’s hand in contentious carpet-trader loan

Source: Malaysia Today

Eileen Ng, The Malaysian Insider PKR lawmaker Rafizi Ramli today revealed documents to prove Putrajaya interfered in the RM32 million Bank Rakyat loan to ‎controversial businessman Deepak Jaikishan. Rafizi (pic) ...
Source: Malaysia Today   Full article at: Malaysia Today Jul 16 2014, 2:16am CDT
 

Update: 7

PAS MP claims Bank Rakyat loaned carpet-trader RM215m, interest free

Source: Malaysia Today

(Malay Mail Online) – Controversial businessman Deepak Jaikishan (pic) was given a whopping RM215 million interest-free loan from state-owned Bank Rakyat, a PAS lawmaker alleged today, despite Putraj ...
Source: Malaysia Today   Full article at: Malaysia Today Jul 14 2014, 5:52am CDT
 

Update: 6

MRCB, Nusa Gapurna and PKNS settle suit over RM3 billion PJ Sentral project

Source: Malaysia Today

(The Malaysian Insider) – Malaysian Resources Corp Bhd (MRCB), Nusa Gapurna Development Sdn Bhd (NGD) and PKNS Holdings Sdn Bhd have reached an out-of-court settlement over t ...
Source: Malaysia Today   Full article at: Malaysia Today Jun 21 2014, 2:53am CDT
 

Update: 5

Story behind Syed Mokhtar’s ‘RM2.25 billion tax-exempt’ Bernas deal revealed, says PKR MP

Source: Malaysia Today

(The Malaysian Insider) – An innocuous written reply in Parliament has provided a peek into the cosy relationship between the Najib administration and Malaysia’s best-known busines ...
Source: Malaysia Today   Full article at: Malaysia Today Jun 15 2014, 12:56pm CDT
 

Update: 4

Constitutional monarchy still murky concept

Source: Malaysia Today

After the RM4.5 billion land sale, the Sultan of Johor secured a 15% stake in MOL Access Portal (MOL) for RM396 million and took a 20% stake in Berjay ...
Source: Malaysia Today   Full article at: Malaysia Today Jun 14 2014, 12:37am CDT
 

Update: 3

Sultan of Johor’s RM4.5 bil backlash?

Source: Malaysia Today

"GOLDEN ASIA" Tokyo Premiere Press Conference
Has Sultan Ibrahim of Johor’s succession of big money deals over the last six months caused the tide of public opinion to turn against Johor’s royal palace? KiniBiz examines the... R ...
Source: Malaysia Today   Full article at: Malaysia Today Jun 11 2014, 8:49am CDT
 

Update: 2

Putrajaya denies carpet dealer given interest-free loan

Source: Malaysia Today

Eileen Ng, The Malaysian Insider Putrajaya today refuted allegations that Bank Rakyat had allowed carpet dealer Deepak Jaikishan to repay a RM32 million loan without interest following intervention from a... READ MO ...
Source: Malaysia Today   Full article at: Malaysia Today Jun 11 2014, 5:44am CDT
 

Update: 1

Malaysia Spends Over $9 million on MH370 Hunt: Report

Source: NDTV

"GOLDEN ASIA" Tokyo Premiere Press Conference
Malaysia has so far spent about RM27.6 million (over $9 million) on search operations for missing Malaysia Airlines flight MH370, an official said ...
Source: NDTV   Full article at: NDTV Jun 9 2014, 3:12am CDT
 

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

Comments

blog comments powered by Disqus

Latest stories

Bill Belichick Offers No Comment on Aaron Hernandez Texts
Bill Belichick Offers No Comment on Aaron Hernandez Texts
New England Patriots head coach Bill Belichick did not offer any comment on questions regarding his text messages with former tight end Aaron Hernandez, who is charged with the murder of three individuals.
 
 
Jamaal Charles Agrees to $18M Extension with Kansas City Chiefs
Jamaal Charles Agrees to $18M Extension with Kansas City Chiefs
Running back Jamaal Charles agreed to an $18 million contract extension including an extra $5.1 million over the next two seasons with the Kansas City Chiefs on July 23.
 
 
Batman Day: Brad Meltzer On Why Batman&#039;s &#039;Cultural Shield&#039; Protects Us All
Batman Day: Brad Meltzer On Why Batman's 'Cultural Shield' Protects Us All
July 24, 2014, marks Batman Day for DC Comics. And writer Brad Meltzer tells why Batman's impact is so important.
 
 
Fat Shaming &quot;530 Fatties&quot; Facebook Page Reminds Society Of Bad Behavior
Fat Shaming "530 Fatties" Facebook Page Reminds Society Of Bad Behavior
Facebook Page "530 Fatties" openly mocks overweight people around Sacramento and the 530 area code. But it's certainly not the first time that people have faced body image criticism.
 
 
 

About the Geek Mind


Read more about The Geek Mind.