5 Digital Stats That Sum Up Cyber Monday and Black Friday

1. Cyber Monday frenzy Adobe is crunching data on ecommerce transactions, tracking 80 percent of online transactions for the 100 largest retailers. Per the firm, consumers spent $840 million through 10 a.m. Monday, equivalent to a 16.9 percent year-over-year growth. Moreover, Adobe predicts that today will be the biggest U.S. online shopping day ever, with web traffic […]

6 Reasons Why Amazon May Be Perfectly Situated to Open Hundreds of Stores

Sandeep Mathrani, the CEO of mall development giant General Growth Properties, got many folks’ attention on an earnings call late Tuesday afternoon, though the reason had nothing to do with his company’s financial performance. According to The Wall Street Journal, Mathrani—speaking about mall foot traffic—said, “You’ve got Amazon opening brick-and-mortar bookstores and their goal is […]