As Economy Slows, Online Sales Still Grow…
April 14th, 2008
According to a Forrester Research study, online retail sales are forecast to increase 17% this year to a record $204 billion — and this in spite of the current economic uncertainty. Excluding travel, internet retailing will comprise 7% of total retail sales in 2008, up from 6%, or $175 billion, last year. The Wall Street Journal (Apr. 14, 2008) Paid subscription may be required.
Tags: Forrester Research, internet retailing, Online sales, Shop.org, State of Retailing Online 2008