Monday, December 20, 2010

Holiday shoppers spent 12 percent more online

November and December have been good for online retailers. Holiday shoppers spent 12% more than they did during the 2009 season, according to research firm ComScore.

Over the 47-day period ending Dec. 17, buyers dropped $27.5 billion online -- $5.2 billion of it last week. Four of those days brought in a haul that surpassed $900 million, making it the heaviest week of online spending in U.S. history.

The traditional spending frenzy of the post-Thanksgiving weekend -– Black Friday and Cyber Monday -– helped boost numbers, but the free shipping deals offered by more than 1,500 online merchants also were key, ComScore said

-L.A. Times

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