Online Retail Spending Tops Record $40 Billion
U.S. online retail spending reached a record $43.4 billion in the fourth quarter of 2010, an increase of 11 percent over a year ago, according to a new report from comScore. This growth rate is the fifth consecutive quarter of positive year-over-year growth and second quarter of double-digit growth rates in the past year. “Retail […]
comScore Documents Record Online Retail Holiday Season
Heading into the holiday season, many economic experts seemed to fear that the average present would be a homemade scarf or coffee mug. Instead, the latest (and probably last) comScore data concerning the holiday shopping season shows that U.S. online spending hit a record $30.8 billion. That works out to an increase of 13 percent […]