Online retail spending has jumped 10% year on year in the US and 7% on the last financial quarter according to comScore’s latest research.
The report said “Online retail spending neared $34 billion for the quarter, up 10 percent versus year ago. The strong acceleration represented the first time growth rates reached double-digits since the second quarter of 2008.”
But it’s not all good news for the sector. The net result between Q4 2008 and Q4 2009 was minus 6% growth.