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News Stories Monday, July 19, 2004   
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Online spending grew 24% for week ending July 4, comScore reports


Online retail spending grew 24% for the week ending July 4, reaching $872 million from $705 million a year ago, comScore Networks Inc. reports. It was only the third week this year that online sales have fallen below $1 billion. Average weekly sales for the first 26 weeks of the year were $1.1 billion.

Total retail sales for the week ending July 3 were up 9% from the corresponding week a year ago, reports ShopperTrak’s National Retail Sales Estimate.

Online travel sales for the week ending July 4 grew 23% to $948 million from $769 million, comScore reports.

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