Follow the money


The Internet has sawn itself in half – some people are avoiding spending on Internet retail sites.

Reports and rumors reveal that e-commerce spending is becoming polarized. Online retail spending between August and October grew just about 4 percent from last year, with spending declining by 3 percent in households earning less than $50,000. Those with incomes between $50,000 and $100,000 showed a 1 percent growth. However, households with at least $100,000 wage power increased their spending by a healthy rate of 14 percent.

Don’t saw yourself in half, reach that 14 percent, follow the money.

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About peter

'Death by Sushi' Fish can kill me. When I was very small (maybe 3 or 4 years old) my grandfather, who lost the sight of one eye from a bullet fired by a German sniper (fortunately not a very good one) during the Battle of the Somme in World War 1, wiped my face with the corner of his apron, an apron he had used to wipe his filleting knife on. He was a grocery shopkeeper who specialized in wet fish.