‘Daily Wrap:’ eBay, Amazon.com, Google
Imagine walking down the street, pointing your smartphone every which way, and seeing overlays of items people in the neighborhood have posted for sale
USA Today reports that's just what you can do through an "augmented reality" mobile browser called Junaio, available for free for the iPhone and Android devices.
- Amazon Windowshop, the retailer’s “complete rewrite” specifically designed to suit shoppers browsing on Apple’s iPad, has now crossed the Atlantic and sprouted European versions.
- The pace of the mobile revolution is moving faster than a teenager sending text messages, and while the need to enable anywhere, anytime contact with customers is evident the best and safest methods to deliver it are not as clear.
Stats & Research
- Google Sites led the US explicit core search market in November with 66.2% of searches conducted.
- Across all countries surveyed by The Nielsen Company, only 16% of young people reported that their parents selected their mobile phone.
- After a solid start to the holiday season, the National Retail Federation is revising its forecast to 3.3%, up from 2.3%.
- Eighty-four percent of consumers surveyed by Compete said they have begun their holiday shopping and a little less than half said they have completed more than half of their holiday shopping.
- The December new-vehicle retail sales pace is significantly beating expectations, driving a strong close to a challenging year of recovery, according to J.D. Power and Associates, which gathers real-time transaction data from more than 8,900 retail franchisees throughout the United States.
Legal & Regulatory
- McDonald's has been slapped with a civil suit, brought by the consumer advocacy group Center for Science in the Public Interest and filed in California, alleging that it uses deceptive advertising practices to lure kids into its restaurants.
- A Delaware judge on Wednesday barred a former top executive for Wal-Mart Stores Inc. from taking a job as CVS Caremark Corp.'s new pharmacy president until a trial is held on Wal-Mart's claim that the executive signed a noncompete agreement that prevents him from working for CVS.
- Nokia Corp. says it is suing Apple Inc. in Britain, Germany and Netherlands over alleged infringements of its patents in iPhone, iPad and iPod Touch.
- The Senate on Wednesday overwhelmingly passed a measure that would extend the Bush-era tax cuts for two more years and would set the estate tax at 35%, with a $5 million exemption, winning praise from retail groups.
Business & Finance
- Burger King restaurants no longer have to stay open until 2 a.m. on Fridays and Saturdays.