Retail Sales Update…
December 6, 2010 § Leave a comment
About a week ago I wrote about the pending Holiday Shopping Season. I wrote that retailers were optimistic about the season as store inventories seemed to be robust. The latest online figures look promising and sales could exceed $32B this season while online retailers saw Cyber Monday sales of more than $1B. Overall, retail adjusted sales was up by 1.9%.
- For the first 33 days of the 2010 holiday season (Nov. 1 – Dec. 3), $16.8 billion has been spent online, marking a 12% increase compared to the corresponding days last year.
- Online Holiday Spending Reaches $16 Billion (webpronews.com)
- Online retailers, free shipping is the word (blogs.constantcontact.com)
- Retailers Report Strong November Sales (huffingtonpost.com)