Reports Show Black Friday Shopping Moved to the Internet

Consumers were more inclined to shop online for Black Friday deals this year than they were to head to the store, according to a new report from the National Retail Federation. In fact, the entire Thanksgiving weekend was dominated by … Continue reading

Online Holiday Spending Up 14 Percent to Record $42 Billion

Consumers in the United States spent a record $42.3 billion online during the past holiday season according to data released by comScore. This was a 14 percent increase in online sales from 2011 when consumers spent $37.2 billion. Holiday shopping … Continue reading

Strong Cyber Monday Sales Expected

An estimated 129.2 million shoppers say they will head to retailers' websites today, up from 122.8 million who shopped last year, according to a survey. This follows record levels of online spending over the Black Friday weekend. Special promotions will … Continue reading

E-Commerce Sales Up 17.3 Percent

Sales through e-commerce were $56.99 billion in the third quarter, up from $48.59 billion a year ago, according to figures released by Census Bureau of the U.S. Department of Commerce. This 17.3 percent increase far exceeds total retail sales growth of … Continue reading