24/7 Wall St.
12-22-2008, 09:10 AM
24/7 Wall St. Daily News
http://www.247wallst.com/images/2008/12/22/under.jpg (http://247wallstreet.typepad.com/.shared/image.html?/photos/uncategorized/2008/12/22/under.jpg)For years, e-commerce was the bright corner of the retail business. Easier to do comparison shopping. No crowds. Free shipping.
This year, online retail is looking a great deal like the mall. Comscore has already cataloged the flattening of e-commerce sales this year compared to last, but the trends of buying online are looking more like what people do when they walk though stores.
Comscore shows onlne sales (http://www.comscore.com/press/release.asp?press=2653) off 1% from November 1 thought December 19.
Video games are doing well online as they are in stores. Books are going well through both channels. That makes sense. Books are cheap.
E-commerce office supplies are off 19%. Numbers from Staples and Office Depot stores don't look that bad. Ditto jewelry and watches.
The salad days of online retail are over.
Douglas A. McIntyre
http://feeds.feedburner.com/~f/typepad/RyNm?i=prPbO (http://feeds.feedburner.com/~f/typepad/RyNm?a=prPbO) http://feeds.feedburner.com/~f/typepad/RyNm?i=sDePO (http://feeds.feedburner.com/~f/typepad/RyNm?a=sDePO) http://feeds.feedburner.com/~f/typepad/RyNm?i=JbO7o (http://feeds.feedburner.com/~f/typepad/RyNm?a=JbO7o)
complete story here... (http://www.247wallst.com/2008/12/the-e-commerce.html)
http://www.247wallst.com/images/2008/12/22/under.jpg (http://247wallstreet.typepad.com/.shared/image.html?/photos/uncategorized/2008/12/22/under.jpg)For years, e-commerce was the bright corner of the retail business. Easier to do comparison shopping. No crowds. Free shipping.
This year, online retail is looking a great deal like the mall. Comscore has already cataloged the flattening of e-commerce sales this year compared to last, but the trends of buying online are looking more like what people do when they walk though stores.
Comscore shows onlne sales (http://www.comscore.com/press/release.asp?press=2653) off 1% from November 1 thought December 19.
Video games are doing well online as they are in stores. Books are going well through both channels. That makes sense. Books are cheap.
E-commerce office supplies are off 19%. Numbers from Staples and Office Depot stores don't look that bad. Ditto jewelry and watches.
The salad days of online retail are over.
Douglas A. McIntyre
http://feeds.feedburner.com/~f/typepad/RyNm?i=prPbO (http://feeds.feedburner.com/~f/typepad/RyNm?a=prPbO) http://feeds.feedburner.com/~f/typepad/RyNm?i=sDePO (http://feeds.feedburner.com/~f/typepad/RyNm?a=sDePO) http://feeds.feedburner.com/~f/typepad/RyNm?i=JbO7o (http://feeds.feedburner.com/~f/typepad/RyNm?a=JbO7o)
complete story here... (http://www.247wallst.com/2008/12/the-e-commerce.html)