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US: online sales climb 5% to USD 27 billion during holiday shopping season

Monday 4 January 2010 14:06 CET | News

For the period spanning 1 November through Christmas Eve, retail e-commerce spending in the US has increased by 5 percent year-on-year in the US, reaching USD 27.12 billion, according to a market research firm.

Consumer electronics e-commerce sales have jumped by a little over 20%, while e-commerce sales of jewelry and watches were also strong, comscore.com also indicates. For the period from Black Friday through Christmas Eve, online sales grew by approximately 3.5 percent, while sales during Thanksgiving also rose by 10 percent to USD 318 million, as compared to Black Friday e-commerce sales which increased by 11 percent to USD 595 million.

According to other sources, US online retail spending for Black Friday and Cyber Monday combined reached USD 5.3 billion, growing by 47 percent on a year-over-year basis.
 


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Keywords: online sales, holiday shopping season, retail e-commerce spending, comScore
Categories: Payments & Commerce
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Countries: World
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