Anthony, good information to know. Amazon/Apple/Wal-Mart reported 6-10% increase in their revenues as the "exceptions." Most Brick and Mortar stores took a massive hit, especially with a 26% decrease in appliance/electronic sales and 23% in Women's apparel (whoa!). (Source ABC). I noticed online purchasing has been growing quickly as well. We hit a record 300% year over year in revenue increase. Seems like all the weaker retail stores are going to be eliminated soon! Cheers,
-Albert K.
Anthony Ha
· 11 months ago
Interesting data, thanks!
Jon
· 11 months ago
The nice thing about these stats is that it shows that that future isn't all doom and gloom for everybody, some win, some lose.
traffic up, buying down. well, not really. guys---you are discounting mobile which probably represented 30% of the loss...those $250K for farts didnt happen last year----the real scary data comes in january when the gift card impact is more felt--expect january to be down 15% at least!!!
makes
· 11 months ago
smart!
Anthony Ha
· 11 months ago
Good point.
reizit
· 11 months ago
e-commerce is getting more and more popular. this creates the need of having good tools to help shoppers make right decisions while buying online. reizit.com is a place where shoppers can recommend or bury a product, share experience and discuss shopping deals.
reizit
· 11 months ago
e-commerce is getting more and more popular. this creates the need of having good tools to help shoppers make right decisions while buying online. reizit.com is a place where shoppers can recommend or bury a product, share experience and discuss shopping deals.
All Comments
-Albert K.
Jon
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