Internet to Influence 25% of Holiday Purchases
Washington, D.C., The Internet will play a larger role than ever in holiday shopping this year, according to a new survey conducted for the National Retail Federation (NRF) by BIGresearch. Shoppers, who are expected to spend $791.10 each this year on holiday merchandise, said they will use the Internet for an average of one-fourth (28.9%) of their shopping.
Though nearly half (47.1%) of consumers plan to make at least one holiday purchase on line this year, up from 36.0% three years ago, many will also use the Internet to browse before heading to stores to buy. According to the survey, most consumers (88.7%) regularly or occasionally examine products on the Internet before buying in a store. When it comes to researching merchandise, electronics are the most popular searches. More than one-third of on-line shoppers (39.3%) said they have browsed for electronics on line before buying in a store within the last 90 days.
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Carrefour Sticking With Organic Expansion
Wuhan, China, French retailer Carrefour’s chief executive said the chain has no interest in making a major acquisition in China in response to Wal-Mart’s reported expansion plans in that country, according to a Reuters report.
“We are more interested in organic growth and we will not deviate from that,” said CEO Jose Luis Duran. His comments came while speaking to a small group of reporters during a business visit to China.
Various sources have reported Wal-Mart is planning to buy Taiwan’s Trust-Mart, which would more than double its retail presence in China.
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Amazon Selling Auto Parts
Seattle, Amazon.com has added an automotive parts and accessories store to its lineup of offerings. It includes a special feature that allows owners of approximately 10,000 different American car and truck models to find the parts that fit their vehicles. The company added a grocery store and movie-downloading service earlier this year.
“We’re providing a broad selection of products for auto enthusiasts who are passionate about the appearance and performance of their cars, but also making the automotive store convenient for the everyday motorist who is looking for basic car-care and maintenance items,” said Steve Frazier, VP of automotive, Amazon.com.
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