Monday, November 24, 2003
Online sales increase
Although online retail sales account for only 1.5% of total retail sales, they increased faster than offline sales this past quarter according to this Dow Jones story in the Wall Street Journal (subscription required):
U.S. consumers continued to shop online in the third quarter, racking up sales of $13.3 billion, a 6.6% increase from the prior quarter, the Commerce Department said Friday.
E-commerce sales rose at a faster pace during the quarter than overall retail sales, which rose 1.6%.
