Amazon Claims Record Numbers (AMZN, TGT)

Retail

Published: December 26, 2007 6:28 am

Amazon.com (NASDAQ:AMZN) has announced some of its statistical results for the holiday shopping season. While it is labeled "it’s best ever holiday season," other stores around the country and around he web are being given weak scores on a relative basis.

Amazon has noted that December 10 was the busiest day and on that day alone customers ordered more than 5.4 million items. The company also said that it wrapped up its second year of "Amazon Customers Vote" with more than 4.6 million votes cast during the promotion. On the peak day this season, Amazon’s worldwide fulfillment network shipped over 3.9 million units.

Recently, Target (NYSE:TGT) reported that its new sales target would not be as strong as previously hoped when it gave a new range of -1% to +1% for same store Sales ended January 5.

While Amazon is showing some of its individual stats here, there isn’t enough there to determine any hard financial figures yet.

Jon C. Ogg
December 26, 2007

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