Thanksgiving online sales up 17.5% means Amazons at least tripled, many sandy online shoppers
Many Hurricane Sandy shoppers needed all new stuff with no stores around, some no way to get to store, just wait till they start getting big insurance and government checks. Amazon already trading 240 in Europe, it will go bonkers today!
And what is bad for Wal Mart is good for AMZN, maybe with greater and more much deserved backlash, Wal Mart will have to start paying more then minimum wage. Huge protests happening Friday, they are everywhere in Bentonville Arkansas, (wal mart headquarters)
I'm from Fayetteville and people have been complaining about pay really bad lately, they can't keep people at Wal Mart distribution centers, they keep getting more and more illegals to offset the white men quiting after they ask for raise and get turned down, many can't afford gas for the week and bills.