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November 28, 2007
GOOD DAY FOR: Manufactured holidays, after online shoppers spent $733 million on “Cyber Monday,” a 21 percent jump over last year. The National Retail Federation came up with Cyber Monday in 2005 to promote online shopping, after e-tailers noted a small uptick in sales the Monday after Thanksgiving. It is typically not e-tailers’ biggest day. (Bloomberg)
BAD DAY FOR: Eco-friendly Nintendo fans, as the video-game company scored at the bottom of Greenpeace’s list of 18 “green” electronics makers. Nintendo scored Greenpeace’s first zero on its 10-point scale, right below Philips, at 2, and Microsoft, at 2.7. The rankings mainly reflect the amount of toxic chemicals companies use and their willingness to recycle old products. (BusinessWeek.com)
of The Week magazine.