Web sales down on Black Friday
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EBay was the online winner this "Black Friday," data published on Saturday showed, but overall Internet traffic growth was well below last year's even as bargain hunters tracked down sought-after toys and electronics on the Web before "Cyber Monday."
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By Bruce V. Bigelow, The San Diego Union-Tribune  Jan. 31--The price of Websense shares dropped nearly 13 percent in  after-hours trading yesterday, after the San Diego Internet company posted  lower-than-expected financial results for the last three months of 2006.
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U.S. chain store sales fell for the third consecutive week, as on-line shopping and gift cards continue to cut into weekly sales figures, a report said on Tuesday.
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EBay will once again advertise on Google's U.S. AdWords network, but its spending on it will be significantly lower.
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The nationâs retailers had a disappointing start to the holiday season, reporting sluggish sales for November after a surge in Thanksgiving weekend business failed to materialize.
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With Black Friday in the rear-view mirror -- complete with eye-popping bargains and frenzied shoppers lining up overnight to buy that "must-have" 42-inch plasma television -- Wall Street now looks to Thursday to find out whether heavy markdowns took a toll on sales and profits.
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Complaints that online store is down, among others.
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The number of customers buying travel online has begun to shrink, the first time a category has lost shoppers since Forrester Research began tracking e-commerce 10 years ago.
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EBay Inc.  on Wednesday missed Wall Street's earnings expectations for the first time in at least three years, sending its shares down nearly 12 percent and taking other Internet stocks lower.
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eBay will once again advertise on Google's U.S. AdWords network, but its spending on it will be significantly lower.
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Cyber Monday may be a joke, but when it comes to the Web, so is Black Friday.
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According to raw data from comScore Networks released this morning, US consumers spent nearly $2 billion online in just the past week alone. If "Black Friday" is any indication, "Cyber Monday" could yield some astonishing numbers.
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(Corrects headline to show Web traffic growth, not Web  sales, fell on Black Friday)
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It's a great time to be an Internet shopper, but the same search technology that is transforming the Web into a bargain-hunter's paradise is putting the squeeze on online retailers doling out discounts and incentives to lure customers.
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Online retailers don't own Mondays anymore.
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Despite the last-minute shopping frenzy, holiday retail sales were sluggish as the American consumer spent less than expected while Internet shopping slowed down.
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Online retail sites struggle to keep up with consumer demand during the first week of the holiday shopping season, according to Internet performance management vendor Keynote Systems Inc.