online spending

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

Tricia Duryee in Commerce on January 5 at 9:33 am PT

For the second straight year, Cyber Monday was the biggest online shopping day of the year, hitting $1.25 billion in the U.S.

Online Shopping Up From Last Year, but Well Below Trend

Nathan Becker, Reporter, The Wall Street Journal in News on November 25, 2009 at 9:27 am PT

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.

Online Xmas Spending: So Far, Not So Good

Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on November 25, 2008 at 6:00 pm PT

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.

The Great E-pression

John Paczkowski in News on November 20, 2008 at 11:05 am PT

Call it the Great E-pression. Online spending growth in October fell to its lowest rate in seven years, and given the tenor of economic news these days, it’s almost certainly headed lower still. According to research outfit comScore, online spending grew by just one percent over October 2007.