Good Day, Bad Day
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)
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