More shoppers are flocking to the Web for the holidays, boosting online retail sales 12% over a year ago. In five weeks ending Dec. 3, Americans spent $17.5 billion on retail items on the Web, up from $15.7 billion in the year-…
Despite continued high unemployment rates and other economic concerns, Internet spending this holiday season is expected to rise a whopping 11%.
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Hulu lowered the price of its newly launched Hulu Plus subscription service by $2 to $7.99 Wednesday, just days after the online streaming video service saw its rank decline on a closely watched Internet ranking service for the…
Online sales growth will outpace revenue at brick-and-mortar-only stores this holiday season, according to research firm ComScore. The company predicts online shopping will grow three times as fast as overall retail sales.
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ComScore reports online retail spending rose 9% year-over-year in the third quarter. Such positive growth — the fourth straight quarter of increasing cyberspending — going into the fourth quarter could bode well for the upcom…