March 24, 2003, 12:00 AM

Online shopping hits a speed bump

Web-based retail purchases grew only 5% for the week ending March 16 vs. the same week a year ago, reaching $873 million, comScore reports.

 

Online shopping came to a virtual standstill the week ending March 16, comScore Networks Inc. reports. Web-based retail purchases grew only 5% that week, reaching $873 million for the week vs. $833 for the same week a year ago.

Online travel sales also posted their weak growth, increasing only 9% to $650 million from $595 million.

Total retail sales shrank 6.5% vs. the same week a year ago, reports ShopperTrak’s National Retail Sales Estimate

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Ernie Diaz / E-Commerce

Can Tencent win the mobile commerce battle with Alibaba?

The two Chinese Internet giants are increasingly encroaching on each other’s territories. A Beijing-based marketing ...

FPO

Matt Swan / E-Commerce

Do cash-back sites really drive incremental sales?

Yes, suggest data from Affiliate Window, an affiliate marketing network. And consumers spend more when ...

Advertisement