Amazon.com Aug. Same-store Sales Up 24.7%: ChannelAdvisor

By Ciara LinnaneMarketWatch Pulse

Amazon.com Inc.'s August same-store sales rose 24.7% from the year-earlier, after rising 30.1% in July thanks to its Prime Day shopping holiday, according to ChannelAdvisor, a consulting firm that tracks e-commerce sites for brands and manufacturers. EBay Inc.'s August same-store sales came in at 3.4% after 5.8% in July, and well below the 15% growth predicted by comScore, ChannelAdvisor wrote in a monthly blog post. Other marketplaces saw same-store sales rise 20%, which was higher than the 16.1% growth seen in July, the firm said. Google Shopping had same-store sales growth of 26.7%, a step up from July's 13.2%. Comparison shopping engines grew same-store sales by 8.6%, up from 4.3% in July. "CSEs accelerated due to the strong showing in Google Shopping," said the blog.

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