Alibaba received a $192,000 penalty for pricing during the past two Singles’ Day sales.
Sales at JCPenney.com have grown 40.5% in the first six months of 2001 from the first six months of 2000.
JCPenney.com of Plano, TX, reported June sales today of $20 million, up 11.1% from. $18 million in June 2000. For the year to date, JCPenney.com’s sales totaled $111 million, up 40.5% from $79 million in last year`s comparable period.
J.C. Penney’s department store sales were up 1.2% in June to $1.23 billion from $1.21 billion. Drug store sales grew 5.8% for the month.
Companywide sales for June dropped 0.8% to $2.77 billion.