The economy may still be in a funk, but there is some bright news. This holiday season, online spending is up 12-percent from last year. Since November 1st, there have been four days that have surpassed $900 million in single-day sales, with Cyber Monday leading the way. The holiday spending spree was capped this Friday by Free Shipping Day, an event that saw some 1,300 retailers offering free shipping on purchases that totaled over $942 million -- a staggering 61-percent increase over last year. According to comScore, the surge in holiday spending has been largely driven by hardware sales on gadgets, like laptops and the iPad.Continue reading Online Retailers See Big Holiday Spending Boost
Online Retailers See Big Holiday Spending Boost originally appeared on Switched on Tue, 21 Dec 2010 06:30:00 EST. Please see our terms for use of feeds.
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Source: http://www.switched.com/2010/12/21/online-retailers-see-big-holiday-spending-boost/
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