Online purchases hit $41.5 billion in the third quarter, according to a report from the U.S. Census Bureau.
The ease and convenience of shopping online means that Internet purchases made up more than 4% of U.S. retail sales in the third quarter, acco…
The rumors that e-tail giant Amazon is looking to buy Quidsi, parent company of Diapers.com, have proven true. But Jeff Bezos isn’t likely to stop there, and Alice.com and Drugstore.com could be easy pickings.
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ComScore reports online retail spending rose 9% year-over-year in the third quarter. Such positive growth — the fourth straight quarter of increasing cyberspending — going into the fourth quarter could bode well for the upcom…
Amazon’s third-quarter profits rose 16% thanks to surge in sales of electronic products such as its Kindle e-reader, the world’s largest online retailer reported after the bell Thursday.
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The search giant may use its vast database of Web-shopping data to construct a daily measure of inflation called the Google Price Index, or GPI. It can be calculated much quicker than the official CPI, but it covers only what c…