While most retailers were looking at dismal holiday shopping seasons this year, online retailer Amazon.com (NASDAQ: AMZN) announced that it had its best holiday season in history.Early indications are showing that retail sales figures could be down as much as 5.5 to 8% during this year, as rising unemployment and general concern over the economy has led to most consumers tightening up their spending this year.
Amazon, which has probably actually been benefiting from the current economic slowdown, saw massive sales on December 15, which is typically the company's strongest day of the year. This year it saw sales of 6.3 million and shipments of 5.6 million units on the 15th, its strongest day in history.
Will Rich Ross really have a positive impact on Disney's movie operations?
Consumers sick of recession, may spend extra on holidays
Corrections, seasonality and Santa Claus
