Initial data show on-line retailers top expectations: Internet stocks surge; big holiday gains were made despite electronic glitches that consumers faced

Article Abstract:

On-line retailers did better than they planned for the holidays. Clothing sales tripled from last year, jumping from $100 million to $300 million, and Reel.com did seven times as much as last year. Many are not surprised by the increase in sales on the Internet considering the convenience of shopping out of your own home, although they do admit the jump in sales is promising. Consumers preferred the the technical problems they might of had to face over the Internet compared to the physical problems of the overcrowded malls.

Finance, Internet/Web overview

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The Web hasn't replace the storefront quite yet

Article Abstract:

It seems that the trend of electronic commerce and the ability to buy things over the internet has slowed some. According to statistics, more people buy their PC from the manufacturer than over the Web. It seems that marketing pitches from companies like Dell Computer Corp and Gateway have been doing some good.

Electronic computers, Electronic Computer Manufacturing, Strategy & planning, Computers & Auxiliary Equip, Usage, Computer industry, Internet, Forecasts and trends, Industry trend, Statistics, Electronic commerce, E-commerce

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