Online holiday sales growth seen up again: comScore

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Online holiday sales growth seen up again: comScore

Post by NewsOnline on Thu Nov 25, 2010 4:37 am

Online holiday sales growth seen up again: comScore



(Reuters) - Online spending this holiday is now expected to rise by 11 percent over last year, comScore said on Tuesday, marking the second time the analytics firm has raised its closely watched view.

The increased bullishness over e-commerce sales comes as retailers both on and offline ready for the key Thanksgiving weekend when holiday shoppers head to stores or to their computers in search of deals.

The new spending outlook should bring total holiday e-commerce spending to $32.4 billion, comScore said.

http://www.reuters.com/article/idUSTRE6AN07K20101124



Nov 24 - As Black Friday sales approach, analysis from Thomson Reuters Proprietary Research indicates retail spending is back to pre-recession levels.

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