10 of the Days Before Christmas Hit $1 Billion in Online Spending

For the second straight year, Cyber Monday was the biggest online shopping day of the year, hitting $1.25 billion in the U.S.
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Retailers Expecting Another $1 Billion-Plus Cyber-Shopping Spree Today

A year ago today was the biggest online shopping day of 2010, and now retailers are expecting another big blowout as consumers turn out to shop while they work.
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More Online Shoppers Drove a Spike in E-Commerce Spending Last Quarter

E-commerce spending hit $37.5 billion in the second quarter, up 14 percent from a year ago despite signs of a weak economy.
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Holiday Shopping Drives Record-Breaking E-Commerce Spending to $43.3 Billion in Q4

Online retail spending reached a record-breaking $43.4 billion in the fourth quarter, fueled by strong holiday spending, comScore reports.

Cyber Spending Hits $16.8 Billion for the Holidays (So Far)

In the first 33 days of the holiday season, e-commerce spending has already jumped to $16.8 billion, increasing 12 percent over the same period last year. ComScore said in the past week alone, four days exceeded $800 million in spending, including Cyber Monday, which became the heaviest online spending day on record at $1.028 billion.

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Online Shopping Up From Last Year, but Well Below Trend

Internet researcher comScore said consumers spent more shopping online in the first 22 days of the holiday season than they did during the same period last year. But even though they are expected to spend more this season than during last year’s downtrodden holiday season, consumers are likely to keep their online spending tempered, the group said.

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Still No Growth in U.S. Online Retail Segment

Someday, the e-tailing sector will grow again. But not yet. In the second quarter, U.S. online retail sales fell one percent year over year, following flat sales in the first quarter and a three percent drop in the fourth quarter of last year, according to ComScore.

ComScore Finds a Glimmer of Hope: February E-Commerce Up. Has Consumer Spending Bottomed Out?

Here’s a tiny bit of sunshine, via ComScore CEO Gian Fulgoni: E-commerce sales were up two percent in February. That’s not much, but it’s better than the fourth quarter of last year, when e-commerce sales declined for the first time ever, dropping three percent. Best-case scenario? “We might well have bottomed out with consumer spending.”
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Online Xmas Spending: So Far, Not So Good

You will not be shocked to learn that online holiday spending is not off to a good start. ComScore today reports that for the first 23 days of November, e-commerce spending–excluding travel, auctions and large corporate purchases–was down four percent from the same period last year. 2007 saw a 19 percent rise in spending–all predictions point to this year being flat. It’s going to be a long winter.