retail news in context, analysis with attitude

Reuters reports that Amazon said yesterday that "Cyber Monday was the biggest day ever for sales of Amazon.com Inc's Kindle electronic devices," though the company declined to say exactly how many had been sold. However, Amazon is saying that "nine of the top 10 best-selling products on Amazon.com since it unveiled new Kindle devices on Sept. 6 have been Kindles, Kindle accessories and digital content."

reports that "Amazon says it more than doubled the number of Kindle devices sold this past weekend than over the same period in 2011," but makes the point in its story that "it's not the devices that Amazon counts on for sales. Rather, it's the digital content and retail products that fill the company's coffers. For CEO Jeff Bezos, the devices themselves are simply a portal to sell books, movies, TV shows, music, apps, clothing, and anything else on Amazon's digital or physical shelves."

The story quotes Bezos as telling TV interviewer Charlie Rose: "People don't want gadgets. They want services."

• The Los Angeles Times reports that Amazon "is planning to open a third massive distribution center in the Northern California city of Tracy.

"The new operation is close to three major freeways - interstates 5, 205 and 580 - in a distant bedroom community for the San Francisco Bay Area south of Sacramento. The facility will be only about 30 miles from a second Amazon center being built in Patterson to the south. Last month, the Seattle company cut the ribbon on a 950,000-square-foot facility in the city of San Bernardino, which started filling orders before the holiday shopping season."
KC's View:
Just more evidence of Amazon's long-term goal of world domination...