Online US holiday sales seen growing 17 percent

Online US holiday sales seen growing 17 percent
The report from the research firm comScore showed retail e-commerce spending for the first 18 days of November-December holiday season were up 16 percent to $10.1 billion.
November 8 has been the heaviest online spending day of the season to date at $829 million, comScore said.
"The 2012 online holiday shopping season is off to an encouraging start with a 16 percent growth thus far," said comScore chairman Gian Fulgoni.
"Recent five-year highs in consumer confidence and early retailer promotions appear to be serving as wind in the sails for the beginning portion of the holiday season, with consumers opening up their wallets early and often."
The comScore forecast of a 17 percent gain would outpace last season's 15 percent increase and would be well ahead of the retail industry's expectation for a 4.1 percent increase in consumers' overall spending this holiday season.
"The strength leading up to and during the holiday season-to-date, in addition to a maximum 32 shopping days between Thanksgiving and Christmas, provide the basis for what we view as a fairly optimistic outlook for the 2012 online holiday shopping season," said Fulgoni.
US government data showed ecommerce sales for the third quarter from August-September rose 3.7 percent to $57 billion, and accounted for some 5.2 percent of all retail sales.
Latest Photo Galleries on xinmsn
WHAT'S POPULAR?
- Shared
- Viewed
Latest Home Entertainment News
- MTV study shows difference between 'young' and 'old' Millennials
- Relaxnews app selection: try Clipchat, go Ridiculous Fishing, get close to animals
- The kit car with a difference
- Canadian prairie town strives for mustard glory
- Coca-Cola France allows fans to personalize bottles
- Ben & Jerry's creates ice cream flavors for US cities
Latest Mobile and Gadgets News
- China's Huawei launches world's slimmest smartphone in London
- Microsoft bringing big improvements to speech recognition on Windows Phones
- Skype rolls out video messaging service to all users
- Samsung developing yet another version of the Galaxy SIV
- Google in Chromebook retail push
- Intel thinks it’s time for smartwatches
SITEMAP
- Entertainment
- Asia Celeb News
- Hollywood Buzz
- Korean Buzz
- Celeb Interviews
- Celeb Bios
- Celeb Blogs
- Photo Galleries
- Music Reviews
- Movies
- xinFirst Webisodes
- TV Channels
- Channel 5
- Channel 8
- Channel U
- okto
- Suria
- Vasantham
- Radio
- 938LIVE
- 987FM
- Class 95FM
- Gold 90.5FM
- Lush 99.5FM
- Symphony 92.4FM
- Capital 95.8FM
- Love 97.2FM
- Y.E.S. 93.3FM
- Ria 89.7FM
- Warna 94.2FM
- Oli 96.8FM
- XFM 96.3FM
- Lifestyle
- Beauty & Fashion
- Food
- Going Out
- Health
- Relationships
- Travel
- Work Life
- Style
- Style:Men
- Style:Weddings
- Style:Living
- i-Weekly i周刊
- 8 DAYS
- Timepieces
- FHM
- Manja
- Mother & Baby
- Elle
- Postbox
- News
- Singapore
- World
- Regional
- Sci-Tech
- Weird
- Business
- News Videos
- Sports
- Local Sports
- BPL
- World Football
- Formula One
- NBA
















