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Online Shopping Sets Record

Linda Rosencrance, Computerworld

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Holiday shoppers have already spent more than $14 billion online from Nov. 1 to Dec. 2, up 17 percent from last year, according to comScore Inc.

So far, Cyber Monday, Nov. 26, was the heaviest online spending day of the season. On that day, consumers spent $733 million online, according to comScore.

Cyber Monday was followed by three consecutive days where spending topped $700 million each day, said comScore Chairman Gian Fulgoni in a statement.

"However, strong sales subsided toward the end of [that] 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," he said in the statement.

Once again the hottest online retail category is video games, consoles and accessories, up 145 percent from the same period last year, according to comScore. Furniture, appliances and equipment, were up 45 percent from last year and sport and fitness were up 30 percent. Toys, consumer electronics, and books and magazines were up 17 percent from last year, in line with the total online retail spending growth, comScore said.

Computerworld
For more enterprise computing news, visit Computerworld. Story copyright © 2007 Computerworld Inc. All rights reserved.

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