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Podcast: Bedell Frazier Investment Counselling
Episode: Amazon is Everywhere
Description: The American Consumer keeps proving, time and again, it has some serious resiliency. That was on display last weekend as people from coast-to-coast were scooping up deals in their shopping baskets as the Holiday season commenced. Many continue to purchase on the go or from their couch. Online sales now account for over 15% of retail today. That number keeps growing. Online sales for Cyber Week, driven by the 5 days from Thanksgiving, increased 7.8% compared to last year. In total, $38 Billion was spent online. Nearly $100 Billion was spent in the whole month of November. But people still hit the stores, including...