After a couple of soft weeks, the online retail market came roaring back the last week in February. Online retail sales for the week ending Feb. 26 exceeded $2 billion, reaching $2.02 billion, up 35% from $1.5 billion in the corresponding week a year ago, comScore Networks Inc. reports. Growth in the previous three weeks had ranged from 11% to 17%.
By comparison, ShopperTrak’s National Retail Sales Estimate reports that total retail sales rose 7.2% for the week ending Feb. 25 compared to the comparable week a year ago.
Online travel sales for the week ending Feb. 26 rose 51% $1.76 billion from $1.16 billion in the corresponding week a year ago, comScore reports.
ComScore executive John Miniati, is speaking at the Internet Retailer Conference & Exhibition June 5-7 in Chicago on Who`s Online and How Do You Reach Them?
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