Tuesday, November 25, 2008

Report: Online Spending Down This Season

comScore, which tracks online spending and ecommerce, said Tuesday that so far in the 2008 holiday season, there has been a 4 percent decline in ecommerce sales. The company found that the $8.2 billion in sales for the first 23 days of the season is a drop from $8.51B spend last year; the firm is now forecasting flat growth this year, a big change from last year's 19 percent growth.