Companies and Brands
Online Shoppers Spent $7 Billion Last Week
Published:
Last Updated:
The data comes from research firm comScore Inc. (NASDAQ: SCOR). The company’s chairman said:
With this most recent week in the books, the peak spending period may now be in our rear-view-mirror — but the online holiday shopping season is not over yet. We should have one more headline day on Free Shipping Day this Monday the 17th as the procrastinators among us scramble to order gifts in time for Christmas next week. For the season-to-date, the growth rate based on corresponding days last year is 13 percent. But, with two extra shopping days between Thanksgiving and Christmas this year, we still expect that the full season will realize a growth rate well north of 13 percent.
Those two extra shopping days are expected to boost 2012 holiday spending to $43.4 billion, up 17% from the 2011 total of $37.2 billion.
Paul Ausick
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.