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With all due respect to Amazon they don't even come close. The Dept. of Commerce initially reported retail sales were down by 9.8% from December 2007 which acc
by TomOfTTB 18y ago
With all due respect to Amazon they don't even come close. The Dept. of Commerce initially reported retail sales were down by 9.8% from December 2007 which accounts for about $37.2 billion less in sales (http://www.thaindian.com/newsportal/business/us-retail-sales-plunge-in-december_100142460.html http://www.thaindian.com/newsportal/business/us-retail-sales...). Amazon's total sales were only $6.7 billion and it was only up $1.03 billion.
Still great for Amazon but no where close to compensating for the total loss.