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Retail Sales Plummet
- abl 18y agowhat a paradox, compared with the 'amazon - best season ever' article...
- gruseom 18y agoNicely framed by the Fred Wilson post that's also on the front page right now: This downturn will be marked in history as the time where many of the business models built in the industrial era finally collapsed as a result of being undermined by the information age. Its [sic] creative destruction at work.
- abl 18y agoLooks like everyone spins it as they like it! I'd like to see someone release some hard numbers and apples-to-apples comparisons
- timr 18y agoAmazon said that they had more orders; they didn't say what those orders were, and more notably, they didn't give estimates on revenue for the holiday season. Amazon may end up doing well this holiday, but I wouldn't ring the death knell for traditional retailing based on a press release.
- fallentimes 18y agoOr profits. They might have had to discount heavily to attract sales at the expense of beloved profit margins.
- byrneseyeview 18y ago"Retailers went from 'Ho-ho' to 'Uh-oh' to 'Oh-no.'" I feel like he's been saving this one.
- sachinag 18y agoYeah, but it's a great line. (Also, Mary Delk is most likely a "she".)
- captainobvious 18y agoKind of nuts seeing that graph after just reading "Dear Hacker News, which 50k car should I buy" =P