Wednesday, May 15, 2013

AMZN,EBAY: Perhaps take it with a grain of salt, but a...

1:51 PM Perhaps take it with a grain of salt, but a surprising 44% of consumers responding to a survey on the impact of an online sales tax say they will buy less items online if the legislation is passed into law. The number rises to 75% for the 18-year to 25-year old demographic (ZUMZ, ANF, URBN, ARO, BKE, VRA). Though seemingly a bad development for Amazon (AMZN -0.6%) and eBay (EBAY), many retail analysts thinks those shopping habits are pretty hard to break. Read comments

AMZN price at time of publication: $266.83. Check AMZN price now »

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