Retail E-Commerce Sales Rise in Q3
Posted by Andrea Laird
U.S. retail e-commerce sales in Q3 2009 rose 4.5% on a quarterly basis, from $32.5 billion to $34 billion, according to the U.S. Census Bureau. On an annual basis, they rose 1.8%, from $33.4 billion.
As a percentage of overall U.S. retail sales, e-commerce sales slightly rose on a quarterly basis, from 3.6% to 3.7%. On an annual basis, they rose from 3.4%. In terms of dollar value, overall U.S. retail sales totaled $922.2 billion. This represented a 1.7% increase from $906.4 billion in Q2 2009 and a 7.5% decrease from $997 billion in Q3 2008.The retail industry has displayed a number of signals this year suggesting e-commerce is growing in popularity with consumers. Amazon.com, the leading pure play e-commerce retailer, reported strong Q3 2009 results, with a 68% increase in net income and 28% increase in net sales. Continued ...
Found on Retailer Daily.
This entry was posted by Andrea Laird on Wednesday, November 25. 2009 at 01:00.
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