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12/23/2008 - Online Holiday Spending Strong But Still Not Enough
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<title>The Retail BRIDGE 12/23/2008 - Online Holiday Spending Strong But Still Not Enough</title> <head> <style type="text/css" > .article_heading, .article_title, .article, .article_nav, .newsletter_text, .newsletter_copyright_text { font-size: 10pt; font-family: verdana, arial, helvetica, sans-serif; } P { margin: 0px; margin-bottom: 14px; } .article_title { padding-bottom: 6px; } .newsletter_text A, .article A, .article_nav A { color: #00F; text-decoration: none; } .newsletter_text A:hover, .article A:hover, .article_nav A:hover { color: #00F; text-decoration: underline; } .article_nav, .article_nav:hover, .article_title { color: #000; } .article_nav { font-size: 11px; } .article_heading, .article_title { font-weight: bold; font-size: 13px; } .article_heading { color: #000; font-size: 14px; } .newsletter_copyright_text { font-size: 10px; } .newsletter_ad { text-align: center; } .newsletter { border: 1px solid #CC0000; background: #FFFFFF; } </style> </head> <body> <img src="http://www.mediabiz.com/track/open/index.cfm/s/17962/i/2729/ext/spacer.gif" height="1" width="1" > <a name="top" > </a> <table cellpadding="6" cellspacing="0" border="0" width="468" class="newsletter" align="center" > <tr valign="top" ><td class="newsletter_ad" ><a href="http://www.mediabiz.com/track/click/index.cfm/a/678/i/2729/s/17962/sr/2" target="_blank" ><img src="http://www.mediabiz.com/media/inserts/678.gif" border="0" alt="Pace International" ></a></td></tr> <tr><td style="text-align: center;" ><a href="http://www.mediabiz.com/subscribe/?commit=-1&email=subscriber@open...&publication_id=2" target="_blank" ><img src="http://www.mediabiz.com/media/newsletter_logo_retailbridge.gif" border="0" ></a></td></tr> <tr valign="top" ><td class="newsletter_ad" ><a href="http://www.mediabiz.com/track/click/index.cfm/a/675/i/2729/s/17962/sr/2" target="_blank" ><img src="http://www.mediabiz.com/media/inserts/675.gif" border="0" alt="PDI-SAT" ></a></td></tr> <tr><td style="text-align: center;" ><table cellpadding="1" cellspacing="0" border="0" width="100%" > <tr><td colspan="2" class="article_heading" >Headlines for Tuesday, December 23, 2008:</td></tr> <tr><td width="10" class="article_nav" > </td><td class="article_nav" ><a href="#article4" class="article_nav" >Online Holiday Spending Strong But Still Not Enough</a></td></tr> <tr><td width="10" class="article_nav" > </td><td class="article_nav" ><a href="#article5" class="article_nav" >Roku Now Supporting Netflix HD</a></td></tr> <tr><td width="10" class="article_nav" > </td><td class="article_nav" ><a href="#article6" class="article_nav" >More Doom and Gloom: The Worst is Yet to Come</a></td></tr> <tr><td width="10" class="article_nav" > </td><td class="article_nav" ><a href="#article7" class="article_nav" >News Briefs: Pace Reaches Milestone</a></td></tr> </table></td></tr> <tr valign="top" ><td class="newsletter_ad" ><a href="http://www.mediabiz.com/track/click/index.cfm/a/611/i/2729/s/17962/sr/2" target="_blank" ><img src="http://www.mediabiz.com/media/inserts/611.gif" border="0" alt="Blue Highways" ></a></td></tr> <tr><td style="text-align: center;" ></td></tr> <tr valign="top" ><td class="newsletter_text" > <a name="article4" > </a> <div class="article_title" >Online Holiday Spending Strong But Still Not Enough</div> <div class="article" >Despite the fact that this holiday season has seen several $800-plus million shopping days, analysts say it won't be enough to save the U.S. retail sector from the down economy and a compressed holiday shopping schedule.<br><br>According to market research firm comScore, holiday e-commerce this year is down about one percent from the 2007 season with more than $24 billion spent online so far. This year's Cyber Monday on Dec. 1, on the other hand, outpaced last year's day with $12.8 billion in e-commerce spending compared to $12.7 billion last year.<br><br>"With five fewer days of holiday shopping between Thanksgiving and Christmas this year, there is increasing pressure on consumers to make their holiday purchases in time for Christmas," said comScore chairman Gian Fulgoni. "As a result, we've seen online shoppers continue to spend heavily even later into the season, with the most recent week including four of the top ten spending days of the season. Despite this positive development, the combination of the compressed holiday schedule and the challenging economic situation faced by many consumers means that retailers have their work cut out for them this season."<br> <P> </div> <P align="center" ><a href="#top" class="article_nav" >Back to Top</a> | <a href="mailto:tsprinkle@medi..." class="article_nav" >Write the Editor</a></p> </td></tr> <tr valign="top" ><td class="newsletter_ad" ><a href="http://www.mediabiz.com/track/click/index.cfm/a/680/i/2729/s/17962/sr/2" target="_blank" ><img src="http://www.mediabiz.com/media/inserts/680.gif" border="0" alt="" ></a></td></tr> <tr valign="top" ><td class="newsletter_text" > <a name="article5" > </a> <div class="article_title" >Roku Now Supporting Netflix HD</div> <div class="article" >The Roku Digital Video Player, the original direct-to-TV Netflix streaming device, on Monday announced support for the red envolope company's new high-def content lineup.<br><br>The news comes in the form of a free software update scheduled to be delivered to Roku customers in the next few weeks. The update will work with all existing Roku players.<br><br>“Netflix is a pioneer in streaming HD content over the Internet and the results are impressive,” said Anthony Wood, Roku CEO. “Adding hundreds of HD titles to their catalog of more than 12,000 streaming titles provides tremendous value to Roku owners.”<br><br>According to Roku, additional HD content providers are expected in the first quarter.<br> <P> </div> <P align="center" ><a href="#top" class="article_nav" >Back to Top</a> | <a href="mailto:tsprinkle@medi..." class="article_nav" >Write the Editor</a></p> </td></tr> <tr valign="top" ><td class="newsletter_ad" ><a href="http://www.mediabiz.com/track/click/index.cfm/a/651/i/2729/s/17962/sr/2" target="_blank" ><img src="http://www.mediabiz.com/media/inserts/651.gif" border="0" alt="CEDIA" ></a></td></tr> <tr valign="top" ><td class="newsletter_text" > <a name="article6" > </a> <div class="article_title" >More Doom and Gloom: The Worst is Yet to Come</div> <div class="article" >More holiday cheer from our friends in the market research community.<br><br>According to TNS Retail Forward's year-end forecast, retail sales will remain soft through next year and won't officially turn around until 2010. In 2009, retail sales are expected to grow by about two percent, compared to the 2.3 percent growth rate in 2008. Based on the U.S. Department of Commerce's data, TNS said, sale growth won't approach the 10-year average of five percent until 2010 through 2013.<br><br>Not exactly a lump of coal, but it's close.<br> <P> </div> <P align="center" ><a href="#top" class="article_nav" >Back to Top</a> | <a href="mailto:tsprinkle@medi..." class="article_nav" >Write the Editor</a></p> </td></tr> <tr valign="top" ><td class="newsletter_text" > <a name="article7" > </a> <div class="article_title" >News Briefs: Pace Reaches Milestone</div> <div class="article" >INDUSTRY -- Multiplatform distributor Pace International on Monday announced that it had posted a 100 percent, perfect record for shipment accuracy in November.<br><br>RETAIL -- Although about 98 percent of the population can't benefit from it, Barnes & Noble on Monday launched a same-day delivery service for last minute holiday shoppers in Manhattan.<br><br>MUSIC -- Good news for music swapping fans. The Recording Industry Association of America is abandoning its slash-and-burn lawsuit approach to online music piracy and said it will instead work with ISPs to curb the practice. <br><br>EDITOR'S NOTE -- Barring any breaking news, we will suspend our news coverage through the New Year. The Retail BRIDGE will return with daily updates on Jan. 5.<br> <P> </div> <P align="center" ><a href="#top" class="article_nav" >Back to Top</a> | <a href="mailto:tsprinkle@medi..." class="article_nav" >Write the Editor</a></p> </td></tr> <tr valign="top" ><td> <table cellpadding="1" cellspacing="0" border="0" width="100%" > <tr><td align="middle" class="newsletter_text" > <HR size="1" > <div style="color: darkgreen;" >Save the Trees.<BR>MBC: All Digital, All the Time.</div> <HR size="1" > <a href="http://www.mediabiz.com/media/kits/The.BRIDGE.Media.Kit.pdf" target="_blank" class="article_nav" >Advertising Info</a> </td></tr> <tr><td align="middle" class="newsletter_text" > <b><a href="http://www.mediabiz.com/subscribe/?commit=-1&email=subscriber@open...&publication_id=2" class="article_nav" >SIGN UP FOR MORE INDUSTRY CRITICAL NEWS FROM MBC<br>or manage your subscription or unsubscribe</a></b>: </td></tr> <tr><td align="middle" class="newsletter_text" > <a href="http://www.mediabiz.com/thebridge/" class="article_nav" >The BRIDGE</a> | <a href="http://www.mediabiz.com/news/morningbridge/" class="article_nav" >Morning BRIDGE</a> | <a href="http://www.mediabiz.com/news/eveningbridge/" class="article_nav" >Evening BRIDGE</a> | <a href="http://www.mediabiz.com/news/skyreport/" class="article_nav" >SkyREPORT</a> </td></tr> <tr><td class="newsletter_copyright_text" > <HR size="1" > Copyright © 2008 Media Business Corp (MBC). Reproduction in whole or in part in any form or medium without express written permission of MBC is prohibited. MBC and MBC logo are trademarks of Media Business Corp. The Retail BRIDGE is wholly owned and operated by MBC. All rights reserved. <p> 165 South Union Boulevard, Suite #280 - Lakewood - CO 80228 • tel. 303-271-9960 • fax 303-271-9965 </td></tr> </table> </td></tr> </table> </body> </html> Bookmark with:  Delicious
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