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

Jock Purtle / E-Commerce

What is your e-commerce business worth?

The founder of a merger and acquisitions consulting firm examines how e-retailers can know the ...

FPO

Adrien Henni / E-Commerce

Alibaba and Chinese e-commerce rivals target Russia

Besides Alibaba, Chinese e-commerce companies like LightInTheBox and DinoDirect are seeking deals to get goods ...

Advertisement