Saturday, December 30, 2006

internet retail sets new mark

I wanted to share this article from Crain's Investment News; things are shifting fast.

'Confident clickers' make for record sales
By Aaron Siegel
December 29, 2006

Online retail spending topped the $100 billion mark for the first time ever this year, according to a report released by digital research firm comScore Networks Inc.

"Online sales continued to show strong growth during the last week before Christmas when procrastinators were clicking with confidence," said Gian Fulgoni, chairman of comScore Networks, in a statement.

- Advertisement -Consumers spent $23.11 billion, or 26% more online during the 56 days leading up to Dec. 26 this year, compared to $18.28 billion during the year-ago period, the Reston, Va.-based firm said.

In the week leading up to the Christmas holiday, shoppers spent $2.25 billion, or 38%, compared to $1.64 billion last year.

The survey also noted that traditional "brick and mortar" stores posted the biggest percentage gains in capturing online sales.

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