March 24, 2003, 12:00 AM

Online shopping hits a speed bump

Web-based retail purchases grew only 5% for the week ending March 16 vs. the same week a year ago, reaching $873 million, comScore reports.

 

Online shopping came to a virtual standstill the week ending March 16, comScore Networks Inc. reports. Web-based retail purchases grew only 5% that week, reaching $873 million for the week vs. $833 for the same week a year ago.

Online travel sales also posted their weak growth, increasing only 9% to $650 million from $595 million.

Total retail sales shrank 6.5% vs. the same week a year ago, reports ShopperTrak’s National Retail Sales Estimate

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From The IR Blog

FPO

David Jones / E-Commerce

Which retailers show customers Valentine’s Day love?

Victoria’s Secret and Flowers.com are among them.

FPO

Ken Cassar / E-Commerce

Amazon’s bricks-and-mortar plans: the end of the ‘flywheel?’

It is difficult to imagine how hundreds of stores would help Amazon’s marketplace model, improve ...

Advertisement