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Final Online Holiday Shopping Week Sets $4.8 Billion Record

Dec 22 2009, 11:25am CST | by , in News | Technology News

Final Online Holiday Shopping Week Sets $4.8 Billion Record
 
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ComScore has just released their numbers for the first 50 days of the November-December 2009 holiday season. For the entire season-to-date, $25.5 billion has been spent online. That is a 4% increase over last year. The final shopping weekend of the season showed an astonishing 13% growth this year, due to many customers buying online in order to avoid the snowstorms. The last full week of holiday sales saw a year-over-year growth of 6% and total sales of $4.8 billion. That marks a record for one-week online sales. It has definitely been a good season for online retailers. These numbers show that an increasingly huge number of customers have decided that shopping online is a much better holiday option than braving the crowded malls.I wonder...with numbers like this, is it possible that we will one day see the end of crowded shopping malls and big-box retailers during the holiday season? If online retailers can continue to offer better deals with greater convenience, its hard to see why not.

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<a href="/latest_stories/all/all/5" rel="author">Robert Evans</a>
The excitement about new smartphones, tablets and anything mobile drive Robert to unearth the latest rumors and developments in this fast moving space. He adopted 4G as soon as it become available and knows where the mobile market is going.
Robert can be contacted directly at robert@i4u.com.

 

 

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