June 23, 2003, 12:00 AM

Online retail spending eases off for week ending June 15 from year ago

Online retail spending for the week ending June 15 shrunk 8% from the corresponding week a year ago, while online travel sales grew 44%, comScore Networks Inc.’s Media Metrix division reports.

Online retail spending for the week ending June 15 shrunk 8% from the corresponding week a year ago, comScore Networks Inc.’s Media Metrix division reports. Online retail sales totaled $702 million, down from $760 million a year ago.

Total retail sales for the week ending June 14 increased 5.8% from the same week a year ago, as shoppers headed into the Father`s Day buying period, according to ShopperTrak’s National Retail Sales Estimate.

Online travel sales for the week were up 44% from a year ago, comScore reports, reaching $760 million from $528 million.

Between retail and travel sales, consumers spent 13% more online than a year ago, with sales reaching $1.46 million from $1.28 million a year ago, comScore says.

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Deepak Agarwal / E-Commerce

Back-to-school insights from a Top 100 online retailer

It’s the second-largest online shopping season, and one nomorerack.com CEO pays close attention to. Here ...

FPO

Kevin Sterneckert / E-Commerce

The ghost economy: an $800 billion retail data disconnect

A new twist on a classic holiday story that online retailers will relive in the ...

Advertisement