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Retail Holiday E-Commerce Spending Reaches $14 Billion, Up 17 Percent Versus Last Year
added: 2007-12-06

comScore, Inc. released an update of holiday season e-commerce spending covering the first 32 days (November 1 - December 2) of the November - December 2007 holiday season.

More than $14 billion has been spent online during the season-to-date, marking a 17-percent gain versus the corresponding days last year. The heaviest online spending day of the season thus far was Cyber Monday (November 26) with $733 million in sales.

"This most recent week started strong as consumers spent $733 million on Cyber Monday, which was followed by three consecutive days where spending surpassed $700 million," said comScore Chairman Gian Fulgoni. "However, strong sales subsided towards the end of the week, eventually resulting in a 17-percent gain versus the corresponding time period last year - in line with the growth rates we've experienced for the season-to-date."

Video Games & Consoles Still Surging Since Last Year

Video games, consoles & accessories continues to be the hottest online retail category, rising 145 percent in November versus the corresponding days last year, while furniture, appliances & equipment (up 45 percent) and sport & fitness (up 30 percent) are also performing well. Three of the most popular holiday season categories, toys, consumer electronics, and books & magazines, are each growing at 17 percent, coinciding with total online retail spending growth.


Source: PR Newswire

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