May 24, 2004, 12:00 AM

Online consumer spending rises 21% for week ending May 9

Online retail spending for the week ending May 9 rose 21% to $1.17 billion, up from $969 million in the comparable week a year ago, comScore Networks Inc. reports. Online retail spending has hit $1 billion or more every week this year.

Online retail spending for the week ending May 9 rose 21% to $1.17 billion, up from $969 million in the comparable week a year ago, comScore Networks Inc. reports. Online retail spending has hit $1 billion or more every week this year.

Total retail sales for the week ending May 8 fell by 2.2% from the corresponding week a year ago, ShopperTrak’s National Retail Sales Estimate reports. ShopperTrak attributed the decline to high fuel prices, which sliced into consumers’ discretionary spending.

Online travel spending rose 27% for the week ending May 9, to $1.1 billion from $963 million in the comparable week a year ago, comScore reports.

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From The IR Blog

FPO

Scott Stone / E-Commerce

How to turn friendly fraud into customer loyalty

Understanding the various kinds of fraud allows a merchant to strengthen ties with honest shoppers ...

FPO

Mike Cassidy / E-Commerce

Amazon Prime Day’s halo effect for other e-retailers

Four strategies that can help competitors compete with Amazon on Prime Day.

Advertisement