

News Archive
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
Online Holiday Spending Hits $29.1 Billion
January 6, 2010, 12:48 pmOnline holiday spending during 2009 reached $29.1 billion, representing a four percent increase over the same period last year, according to a new report from comScore.
"The 2009 online holiday shopping season was a positive one as its growth rate slightly surpassed our forecast and returned to solidly positive rates after nearly a full year of marginally negative growth," said comScore chairman Gian Fulgoni.
"Among the highlights of the season was the first $900 million online spending day and a strong late season spending surge, propelled by effective retailer promotions, guaranteed shipping and a major snowstorm on the eastern seaboard that convinced many to shop from the comfort of home."

Tuesday, December 15 was the heaviest online spending day of the year and of all time, at $913 million, one of nine individual spending days to surpass $800 million during the 2009 holiday season.
Cyber Monday ranked as the second heaviest spending day of the season, the highest it has ever ranked, with $887 million in spending. The third heaviest spending day of the year was Tuesday, December 1, with $886 million in spending, followed by Wednesday, December 16 with $874 million and Monday December 14 with $854 million.
Jewelry & watches rank as the top performing online retail category for the holiday season growing 20 percent over 2008. Consumer electronics ranked second with 15 percent sales growth, driven by strong sales of flat panel TVs, mobile devices and e-readers. Other categories performing well included event tickets (up 8%), computer hardware (up 7%) and books & magazine (up 6%).
Related Articles:
>Cyber Monday Deals Attract Online Shoppers
>Walmart Wins Thanksgiving, Amazon Wins Black Friday
>Online Retailers See Strong Cyber Monday Sales




