Monday, November 9, 2009

Report: Online holiday sales to grow 8% - Business First of Columbus:

Online sales will be the growth engine for the retail industry this holiday shopping season, according to a new report from [CompanyWatch allows you to receive email alerts with stories related to your companies of interest.

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] Forrester Research Inc.

While traditional retail sales are expected to show no gain from a year ago, U.S. online retail sales will grow 8 percent to $44.7 billion this Christmas, analysts from Cambridge, Mass.-based Forrester are projecting. That growth would follow a 5 percent year-over-year gain in online spending in last year's holiday season...