Holiday recap: Amazon bucks trend of worst retail season in decades
On this, the other Black Friday, here are a few bits of retail news worth sharing:
- Amazon said today that the 2008 holiday shopping season was its "best ever," even though a report released on Christmas Day called the season one of the worst in decades.
Amazon says very little about its success, choosing instead to release only one tidbit of data: more than 6.3 million items were ordered worldwide on the peak day,
What we do know is that Amazon's top-selling consumer electronics included
- Back to that report, SpendingPulse - the the retail data service of MasterCard Advisors - found that retail sales were down four percent.
The decline would have been much steeper if the report had not included grocery, restaurant and specialty food sales. It did not include auto and gas sales. On the tech front, sales at specialty electronics and appliance chains like Best Buy were down 26.7 percent and online sales, despite being down 2.3 percent for the season, saw a 1.8 percent jump in the final two weeks of the season - the same time that bad weather slammed much of the country.
- Finally, Wal-Mart - eager to keep those shoppers coming in for the entire month of December - says it plans to start selling the iPhone this Sunday.
Don't go running out expecting that widely-rumored lower-capacity $99 iPhone that the blogosphere rumor mill was buzzing about earlier this month. is true. Wal-Mart's prices will be $197 and $297 for the 8-gig and 16-gig models, respectively - basically, a $2 savings on each. That's the same way Wal-Mart prices iPods, a few bucks under Apple's own retail price and positioned right next to all of those great accessories that you'll be tempted to buy, as well.A Reuters story notes that Wal-Mart normally attracts a lower-income bracket of shoppers but that it's also lured in new, recession-weary shoppers looking for a bargain. I wonder if Wal-Mart or AT&T will have someone on-site to explain the fine print of the pricey two-year contract that goes with the iPhone.