Analyst Weblog
The current economic conditions has impacted the travel industry and according to PhoCusWright, revenues are projected to decline 3% to reach $93 billion for the online leisure/unmanaged business travel market in 2009 (the first decline since tracking began in 1998).... Continue reading...
Posted by Heather Dougherty at 04:51 PM
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In Categories Economy | Travel
Not much good news is comes out of the retail industry lately, consumer confidence is at an all-time low and retailers have reported steep declines in revenue. The economic downturn also continues to impact overall visits to online retailers, which... Continue reading...
Posted by Heather Dougherty at 06:03 PM
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In Categories Economy | Retail | Shopping and Classifieds
We all knew heading into the holiday season that consumers were going to be highly sensitive to price due to the economic conditions, paving the way for an increase in online deal seeking. Coupon websites experienced growth in visits throughout... Continue reading...
Posted by Heather Dougherty at 07:40 PM
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In Categories Black Friday | Economy | Holiday | Retail | Shopping and Classifieds
Thanksgiving is almost here, time for turkey, pumpkin pie – and online shopping. Each year Thanksgiving is the peak traffic day to the Retail 500, particularly among many of the brick & mortar players, who use the online channel to... Continue reading...
Posted by Heather Dougherty at 06:34 PM
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In Categories Black Friday | Economy | Retail | Shopping and Classifieds
In recent weeks, we have been watching visits to the retail and travel categories as consumer spending continues to decline. There have been several factors impacting traffic – the elections, the economy, and also the calendar, with Thanksgiving falling later... Continue reading...
Posted by Heather Dougherty at 04:51 AM
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In Categories Airlines | Economy
Last week I wrote about the decline in visits to the websites of the top 500 retailers (ranked by traffic), a trend that continued for the week ending October 18, 2008 with a 5% year-over-year decline. This was the seventh... Continue reading...
Posted by Heather Dougherty at 04:48 PM
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In Categories Economy | Retail
Last week, several retailers announced steep same-store sales (based upon physical stores open for at least a year) declines in September as compared to previous years. Additionally, other economic indicators such as the Deloitte Research’s Leading Index of Consumer Spending... Continue reading...
Posted by Heather Dougherty at 03:34 PM
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In Categories Economy | Shopping and Classifieds
It’s been a wild and uncomfortable ride on Wall Street for the past few days, beginning with the news of Lehman Brothers and AIG coming very close to bankruptcy as well as the Merrill Lynch acquisition by Bank of America.... Continue reading...
Posted by Heather Dougherty at 02:22 PM
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In Categories Economy | Employment
The first wave of stimulus rebates via direct deposit has curious consumers checking out the IRS website to find out when to expect their checks. The market share of visits to IRS.gov jumped 124% for the week ending May 3,... Continue reading...
Posted by Heather Dougherty at 03:03 PM
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In Categories Economy