You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

21 Dec 2017 (AFR) – Amazon, Black Friday fuel spike in online shopping

(21 December 2017, AFR, p16, by Sue Mitchell)

‘Online shopping has grown at the fastest rate in two years, fuelled by Amazon’s Australian launch and global online shopping events, underlining the challenges facing traditional bricks and mortar retailers. According to new Commonwealth Bank credit card data, online spending jumped 20 per cent in the six weeks to December 16, compared with growth of 14 per cent in the same period a year ago, boosted by Amazon’s December 5 launch and shopping events such as Click Frenzy, Black Friday and Cyber Monday.’

Read more at (might need AFR login access, or try:


About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: