US online sales surge 13pc for holiday period
NEW YORK: Americans clicked up a record 30.8 billion dollars in online holiday sales in 2010, a jump of 13 percent from a year ago, a survey showed. The research firm comScore said holiday season retail e-commerce spending for the 56 days of the NovemberDecember holiday period had been fueled by a late surge in spending-some 2.45 billion dollars was spent online in the week to December 26, a 17-percent jump.
"Online holiday spending has remained strong through Christmas and we've already seen the season totals easily surpass the levels of the past few years to set a new record for spending at almost 31 billion dollars," said comScore chairman Gian Fulgoni.
"For at least this holiday season, the American consumer has been able to shrug off the continuing economic challenges of high unemployment rates and depressed housing prices and spend at a rate that has been slightly stronger than we had expected," he added. -Ap