RapNet


Rapaport News

 

Retail

 

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

U.S. Online Christmas Season Retail Sales +15% to $48B

Dec 23, 2014 12:06 PM   By Jeff Miller
Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT...  U.S. Christmas-season ecommerce spending rose 15 percent to $48.3 billion from November 1 through December 21, according to comScore Inc.  The most recent week (December 15 to 21) posted a strong 18 percent rate of growth, representing $5.8 billion in ecommerce spending as tracked from desktops, according to the group.

“This final week of online holiday shopping before Christmas was very strong, finishing off the season on a high note and virtually guaranteeing ecommerce spending will outperform our pre-season forecast,” said comScore's chairman emeritus, Gian Fulgoni. “We are now running at a 15 percent growth rate in desktop ecommerce for the season, which should be taken as a very positive sign for the economic health of both the U.S. consumer and the ecommerce channel as a whole."
 
Fulgoni added that even with the heaviest spending days completed, there is still  another $5 billion in seasonal spending that comScore expects will further boost retail sales before the end of December.  

Tags: christmas, comScore, ecommerce, Jeff Miller, Shopping
Similar Articles
Luk Fook Hong Kong storeLuk Fook Suffers as Tourists Snub Hong Kong
Oct 19, 2020
Sales at Luk Fook slumped in the second fiscal quarter as the...
China Resurgence Lifts Chow Tai Fook
US Retail Sales on Recovery Path
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us