A new forecast from Forrester Research credits greater online spending by Canadians, lower shipping costs and more selection for the spending increase.
Online sales for the week ending Nov. 13 grew 28% from the corresponding week a year ago, comScore reports. For the holiday shopping season so far—Nov. 1 to Dec. 2—online sales are up 24% over the same period a year ago.
Online sales for the week ending Nov. 13 grew 28%, reaching $1.89 billion from $1.47 billion in the corresponding week a year ago, comScore Networks Inc. reports.
By comparison, total retail sales for the week ending Nov. 12 fell 0.7% year-over-year, representing the third year-over-year decline for a week`s period in 2005, according to ShopperTrack RCT Corp.`s National Retail Sales Estimate.
Online travel sales for week ending Nov. 13 were up 15% to $1.02 billion from $884 million in the corresponding week a year ago, comScore reports.
For the holiday shopping season so far-Nov. 1 to Dec. 2-online sales have reached $9.75 billion, up 24% from $7.84 billion in the same period a year ago, comScore reports. The highest growth categories according to comScore so far have been Sport & Fitness, up 59% over a year ago; Furniture, Appliances & Equipment, up 50%; Apparel & Accessories, up 37%; Home & Garden, up 26%; and Video Games, Consoles & Accessories, up 30%.
Full year-to-date sales are up 25% over last year, reaching $72.9 billion from $58.9 billion, comScore reports.