June 23, 2003, 12:00 AM

Online retail spending eases off for week ending June 15 from year ago

Online retail spending for the week ending June 15 shrunk 8% from the corresponding week a year ago, while online travel sales grew 44%, comScore Networks Inc.’s Media Metrix division reports.

Online retail spending for the week ending June 15 shrunk 8% from the corresponding week a year ago, comScore Networks Inc.’s Media Metrix division reports. Online retail sales totaled $702 million, down from $760 million a year ago.

Total retail sales for the week ending June 14 increased 5.8% from the same week a year ago, as shoppers headed into the Father`s Day buying period, according to ShopperTrak’s National Retail Sales Estimate.

Online travel sales for the week were up 44% from a year ago, comScore reports, reaching $760 million from $528 million.

Between retail and travel sales, consumers spent 13% more online than a year ago, with sales reaching $1.46 million from $1.28 million a year ago, comScore says.

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From The IR Blog

FPO

Rob Howard / E-Commerce

6 keys to success in social commerce

Retailers need to invest in the processes and tools to rapidly and intelligently respond to ...

FPO

Bernardo Lustosa / E-Commerce

The best way to stop fraud: Make the fraudster quit

Rapid rejection of multiple fraud attempts shows fraudsters that their approach is not working.

Advertisement