SOURCE: The Bedford Report

The Bedford Report

October 22, 2010 08:46 ET

Holiday Season Looking Strong for Online Retailers

The Bedford Report Provides Analyst Research on eBay & Amazon

NEW YORK, NY--(Marketwire - October 22, 2010) - Specialty Retailers have taken note of the shift towards digital content throughout the industry. With demand for products that can be easily accessed over the internet growing at a rapid pace, companies are expanding their offerings to include digital television, movies, music, and games. Meanwhile, catalogue and television retailers have begun to embrace the smartphone craze by teaming with software designers to develop their own mobile phone apps, in an effort to make shopping even more accessible to consumers. The Bedford Report examines the outlook for companies in the Internet Retailers Industry and provides research reports on eBay, Inc. (NASDAQ: EBAY) and Amazon.com, Inc. (NASDAQ: AMZN). Access to the full company reports can be found at:

www.bedfordreport.com/2010-10-EBAY

www.bedfordreport.com/2010-10-AMZN

While the specialty retail industry is ripe with growth prospects, there are concerns in regards to notable shipping expenses, increased competition putting downward pressure on prices and the rising cost of marketing efforts. Competition and price reductions are unavoidable in the industry as consumers use the Internet to quickly find and conduct research about items at attractive prices. It is the nature of the industry -- while the convenience of the internet drives sales, it also drives prices down.

Shares of Internet retailers are up across the board this week partly because of strong earnings being posted by key industry players such as eBay. After the closing bell on Wednesday, eBay said Net income rose 24 percent to $431.9 million, or 33 cents a share, from $349.7 million, or 27 cents, a year earlier. EBay benefited from growing demand for its PayPal payment processing unit. Revenue from the division that includes PayPal rose 22 percent to $838.2 million.

The Bedford Report releases regular market updates on the Internet Retail Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us for free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Another reason for the sharp gain in online retailers this week is the positive buzz about the upcoming holiday shopping season. According to a report from the National Retail Federation, retail spending in the U.S. will increase 2.3 percent to $447.1 billion in November and December.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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