Beginning To Look A Lot Like e-Christmas

The Monday after the holidays has visions of dollar bills dancing in online retailer's heads. The first indicators of Internet shopping activity on the day after Thanksgiving have been strong, with some online retailers reporting record-breaking activity. (http://shopping.yahoo.com) Yahoo! Shopping announced transaction volume rising more than 400% from the same day last year. "Friday's record order volume clearly signals that consumers are embracing the convenience of online shopping," says Jeff Mallet, president and chief operating officer of (www.yahoo.com) Yahoo, Santa Clara, Calif. Orders on Yahoo! Shopping increased more than 110% from the same Friday a month ago. In the 10 days before Nov. 26, the portal processed more orders than it did during all of last year's holiday shopping season..
     Other online retailers including (www.amazon.com) Amazon.com and (www.bluefly.com) Bluefly.com also reported strong sales in the post-Thanksgiving crush, the traditional kick-off for holiday shopping. This news comes on the heels of figures showing increased online toy sales during the week before Thanksgiving (Nov. 15-21), according to (www.goldmansachs.com) Goldman Sachs and (www.pcdataonline.com) PC Data Online.