E-Commerce Hits New High in Holiday Retail Sales

E-commerce sales climbed to $35.3 billion for the November-December holiday season through Dec. 25, up 15% compared with the same time period last year, according to the latest comScore report. Not only did Cyber Monday e-tail sales increase 22% year-over-year, online sales even rose Christmas Day as consumers loaded up new devices with digital content purchases. Overall, the National Retail Federation (NRF) estimates holiday retail sales will be up 3.8%, above the 10-year average but behind the 5.2% of last year. E-commerce was a key driver, with the NRF finding that the average consumer planned to do 38% of holiday shopping online. Also, price-shopping via mobile devices played a greater role this year, agreed comScore and the NRF. For more details, see http://www.dmnews.com/report-e-commerce-sales-up-this-holiday-season/article/221020/