Online retail spending jumps 30% vs. year ago, comScore reports
Online retail spending for the week ending July 6 grew 30% vs. the same week a year ago, reaching $793 million from $612 million, comScore Networks Inc. reports. Travel spending was up 68% to $832 million for the week, vs. $496 million in the corresponding week a year ago.
Total retail sales for the week ending July 5 were up 2.7% from the corresponding week a year ago, says ShopperTrak’s National Retail Sales Estimate. It was the 10th consecutive week of year-over-year growth in total retail sales, ShopperTrak says.
Total sales were down from the previous week, however, sliding 1.2%, the third week of declines from prior week, ShopperTrak reports. ShopperTrak characterizes the sales trends as “uneven but encouraging improvement.”
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