Also, Amazon.com Inc. reported last week that the period between Nov. 25 and Dec. 24 was the "busiest holiday season ever." The online retailer said it set a single-day record this season of more than 2.8 million units ordered, or 32 items per second. On its peak day, Amazon shipped more than 2 million units to 217 countries, the company said.
The trend toward last-minute online shopping reflects the use of better forecasting techniques by retailers, says David Schatsky, senior VP at market-research firm JupiterResearch. Retailers are becoming more sophisticated at tracking online sales to determine how much inventory to keep on hand, he says. That, in turn, lets them ship later in the season and offer consumers later cutoff dates for making online purchases.
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