Amazon Seen Rising; Online Holiday Sales Overall Flat

By | November 18, 2013

The bad-economy Grinch will hurt online retailers this holiday season, with Amazon.com (AMZN) as the lone exception, says Chad Bartley, an analyst for Pacific Crest Securities, in a research report published Monday. Bartley based his findings on discussions with retailers. Market tracker ComScore, however, forecasts a 12% to 15% increase in U.S. online sales this holiday season. But Bartley isn’t buying such forecasts. “We expect the growth to be

Read More:
Amazon Seen Rising; Online Holiday Sales Overall Flat