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Amazon will ship lots of packages this holiday season  (Source: Reuters)
Firm predicts 11% growth in online shopping

There are two types of shoppers when it comes time to get things going on holiday purchases. Some shoppers live for the malls and don’t want to order much of anything online. Other shoppers would rather take a beating than head to crowded stores and order everything online. The number of shoppers that use online stores to buy their stuff is growing at a significant rate.

The latest numbers from comScore are in and they show that online purchasing during the holiday season is set to grow by 11% this year compared to last year. This is the second time that the statistics firm has raised its outlook for holiday online purchases.

The new outlook pegs online spending for this holiday season at $32.4 billion. The kick off to the online shopping season is viewed as Cyber Monday and the shopping is expected to be heavy with all sorts of deals online from some of the largest retailers out there. There are many deals being offered at online-only stores, but brick and mortar stores like Walmart and others are focusing online deals for Cyber Monday as well.

ComScore's previous expectation for online holiday shopping was 7% growth from last year. The company notes that it could raise expectations again if needed.

ComScore chairman Gian Fulgoni said, "Despite continued high unemployment rates and other economic concerns, consumers seem to be more willing to open up their wallets this holiday season than last."

Reuters reports that the National Retail Federation expects to see sales for 2010 retail shopping grow only 2.3% this year to $447.1 billion. Retail sales expectations do not include online sales and a few other categories like vehicle and gas sales.

One of the biggest online sellers is Amazon. It has been fighting with officials in North Carolina over releasing information about purchases made by state residents. NC wants Amazon to turn over names of the buyers and information the products they purchased so the stat can charge sales tax to the buyers.



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Vote them out
By ssjwes1980 on 11/26/2010 1:41:39 PM , Rating: 2
Someone in NC needs to get people together and let there local leaders know there on the wrong track!




By MCKENZIE1130 on 11/29/2010 8:30:59 PM , Rating: 2
In order to meet Christmas, Some commodities have been, discount .In addition Buy $ 300 and receive a free glasses or a wallet, as a Christmas gift . welcome all friends to order. Reputation, quality, absolute guarantee. please log in: http://www.fashionsb.com . so what, move your mouse . fgasdg




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