Thread regarding Sears layoffs

$8 Billion in Sales in 60 Minutes

This is stunning and it tells you who's moving goods nowadays. In short, the Singles Days is the biggest shopping day in China (like our Black Friday) - Alibaba sold $8 billion of merchandise during the first 60 minutes of the sale today ($5 billion USD during first 15 min):

https://www.bloomberg.com/news/articles/2017-11-10/alibaba-singles-day-racks-up-1-billion-in-sales-in-2-minutes

https://www.cnbc.com/2017/11/10/alibaba-sales-surge-to-5-billion-in-15-minutes-on-singles-day.html

http://wwd.com/business-news/technology/china-singles-day-2017-alibaba-11046477/

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Post ID: @OP+Qcshe0l

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that is 4 months of Sears sales in an hour

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Post ID: @abz+Qcshe0l

You sure as hell won't see Sears ever make that kind of money ever again.

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Post ID: @vkl+Qcshe0l

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