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Survey: E-commerce, spending on the rise this holiday season
Virtually all U.S. consumers will do at least some holiday shopping online this year.
According to the new Consumer Pulse survey from Rubicon Project, more than one-third of shoppers anticipate conducting the majority of their shopping online.
Consumers who conduct most of their holiday shopping online plan to spend 20% more than consumers who plan to do the majority of their shopping in-store. Amazon.com is the top holiday shopping destination, followed by Walmart and Target.
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Strong cost cutting, weak sales at Toys"R"Us
Toys”R”Us says a planned decrease in promotions led the retailer to report a drop in same store sales in the second quarter.
The retailer singled out declines in the baby, entertainment and seasonal categories as contributing to the comp drop as well.However new CEO Dave Brandon sounded a positive tone regarding the company’s profit potential.

