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Businesses

Submission + - Online Sales Lose Steam (nytimes.com)

An anonymous reader writes: New York Times writers MATT RICHTEL and BOB TEDESCHI claim that online sales growth is significantly slowing down. They claim that this phenomenon owes to the high cost of shipping, the better "experience" of shopping in a physical store, and other relative strengths of physical stores. Slate.com writer Jack Shafer takes issue with the NYT analysis, arguing that none of these physical-store strengths are new, and in fact that online sales are still growing faster than the economy in general. NYT's view: http://www.nytimes.com/2007/06/17/technology/17eco m.html?ex=1339819200&en=2c7eebf2cf9202d9&ei=5124&p artner=permalink&exprod=permalink Slate.com's view: http://www.slate.com/id/2168647/nav/tap3/

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