E-commerce posts first ever year-over-year decline
Submitted: November 25, 2008 - 8:45pm
Last updated: November 25, 2008 - 8:45pm
Last updated: November 25, 2008 - 8:45pm
Source:
C-Net|News.com
Author:
Dawn Kawamoto
Online shoppers put a stranglehold on their wallets in the first several weeks of November, marking the first historic decline in e-commerce sales, according to Market researcher ComScore. Online shopping declined 4 percent during the first 23 days of November, compared with a comparable time period last year. During the first 23 days of the month, ComScore said online retailers rang up a total of $8.19 billion in sales.
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