08
Apr

Online sales to grow 17 percent in ‘08

Archived in the category: Odds and ends
Posted by: Jamie Zoch -

NEW YORK - Online spending is expected to rise a robust 17 percent this year, despite a sluggish economy that has bruised many brick-based retailers, according to an annual survey to be released Tuesday.

Retail sales online, excluding travel purchases, are set to grow to $204 billion in 2008 from $174.5 billion last year, fueled by sales of apparel, computers and autos, according to a survey conducted by Internet analysis firm Forrester Research for Shop.org, the online arm of the National Retail Federation trade group.
 
Source: Yahoo! Read Full Story

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