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Perhaps take it with a grain of salt, but a surprising 44% of consumers responding to a survey...

Perhaps take it with a grain of salt, but a surprising 44% of consumers responding to a survey on the impact of an online sales tax say they will buy less items online if the legislation is passed into law. The number rises to 75% for the 18-year to 25-year old demographic (ZUMZ, ANF, URBN, ARO, BKE, VRA). Though seemingly a bad development for Amazon (AMZN -0.6%) and eBay (EBAY), many retail analysts thinks those shopping habits are pretty hard to break.
Comments (5)
  • With gas prices so high, it's still cheaper to buy online than driving to and from the store.
    15 May 2013, 01:52 PM Reply Like
  • That would depend on any postage.
    15 May 2013, 01:59 PM Reply Like
  • Those listed teen retailers have a physical presence in most states and certainly all with any population so don't they already collect sales tax for most of their online sales?
    15 May 2013, 03:07 PM Reply Like
  • Vera Bradley items are not limited to the 18-25 demographic; women of all ages carry the purses and travel items. Just wish more women carried more of them and make that stock price return to 57.00!
    15 May 2013, 03:57 PM Reply Like
  • Consumers may initially cut back on their purchases online. Long term, companies like Amazon and EBAY are positioning themselves infrastructure companies in addition to actual selling. The Amazon servers supporting other retailers and the payment processing done by EBAY are signs that neither are relying on being known as a retail company.
    15 May 2013, 05:31 PM Reply Like
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