Friday, November 6, 2009

Online spending falls to $29.6B - Washington Business Journal:

U.S. online retail online sales totaled $29.6 billion in the third quarter, according to [CompanyWatch allows you to receive email alerts with stories related to your companies of interest.

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] comScore Inc., down 2 percent from the same quarter a year earlier.

It is the first time on record that year-over-year online sales have declined for two straight quarters, after dropping one percent in the second quarter. Online sales have declined from previous year totals in three of the last four quarters...