The online apparel retailer’s filing for Chapter 11 bankruptcy protection has drawn several potential suitors, including rapper West and music executive Damon Dash, Karmaloop ...
Online retail sales for the week that ended Dec. 16 hit a record for the Christmas shopping season--$1.33 billion, comScore Networks Inc. reported today.
Online retail sales for the week that ended Dec. 16 hit a record for the Christmas shopping season, comScore Networks Inc. reported today. Sales reached $1.33 billion, the highest level this year. Online retail spending for the fourth quarter totals $8.6 billion so far and is likely to reach $10 billion, up 10% from last year’s fourth quarter, comScore projects.
Total spending including travel reached a record $1.7 billion, comScore says.
Among the biggest traffic gainers for the week were major bricks-and-mortar merchants, including Nordstrom.com, up +91% from the week earlier, EddieBauer.com, up 37%, and Sears.com, up +16%. Consumer electronics outlets also grew, including BestBuy.com, up 11%,SharperImage.com, up +6%, and CircuitCity.com, up +5%. While many of the bricks-and-mortar retailer sites experienced large gains in traffic, not all the traffic resulted in online sales, as many consumers did last-minute online research to make their offline purchasing more efficient, comScore reports.