BIZNET PRODUCTIONS -online report

Online Spending Grows 24% reports comScore Online retail spending remains strong. Online retail spending grew 24% last month reaching $872 million from $705 million a year ago, comScore Networks, Inc. reports. Average weekly sales for the first 26 weeks of the year were $1.1 billion. Total retail sales for the week ending July 3 were up 9% from the corresponding week a year ago, reports ShopperTrak’s National Retail Sales Estimate. Online travel sales for the week ending July 4 grew 23% to $948 million from $769 million, comScore reports. Reason given for travel site sales growth is last minute summer vacation travel due to airline special offers.
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