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Monday, November 27, 2006
Still not sure that Online Sales are on the rise? Let me show you some great information!
Neiman Marcus' Christmas catalog is legendary. But this year, for the first time, customers are doing more shopping on Neiman's Web sites than through its catalogs. Likewise, JCPenney expects its online sales to exceed its catalog volume this year or next. Read more...
US online retail sales this holiday season will reach $27 billion, a 23 percent increase over last year, according to Forrester Research, Inc. Almost one-fifth of the nearly 4,000 consumers surveyed say that the Internet will be the place where they shop the most during the holidays. Read here...
With gas prices moderating and three in four homes nationwide connected to the Internet, a Purdue University retail expert predicts store and online holiday sales will ring up significant increases this year. "The outlook is very positive for retailers this holiday shopping season, but that is especially true for e-holiday retailing," says Richard Feinberg, director of the Purdue Retail Institute and Center for Customer-Driven Quality. "Online sales will increase 20 percent this year compared to last year." Read here...
by: Shawna Seigel
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