Online sales hold out better than bricks and mortar
Posted on December 29, 2008 by Chris
A recent article from the WSJ indicates that even in amongst all the economic doom and gloom there is evidence that retailing has truly moved online.
“While online spending was down just 2% from Nov. 1 through Christmas Eve compared with a drop of 5.5% to 8% for retail as a whole, e-commerce strength wasn’t widespread. Instead, it was clustered around several big-name Web sites such as Amazon.com Inc., Apple Inc. and Wal-Mart Stores Inc. Online sales were also fueled by discounts that aren’t likely to continue.”
It just goes to show that more and more people are reaching for their computer when they need to buy something. I cannot remember the last time I actually got in my car to buy something that was available online.
Sphere: Related Content» Filed Under Online Retailing
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