Online spending doubles for weekend before Christmas
Here's a little statistical cheer for online retailers bracing themselves for what many have been predicting will be a dismal holiday sales season.
The latest online retail spending report released Tuesday by ComScore shows that consumers last weekend spent almost double what they spent on the corresponding weekend before Christmas last year. U.S. consumers online spent $677 million last weekend, December 20 and 21, compared to $341 million the weekend before Christmas in 2007, which was December 22 and 23.
It should be noted, however, that there are five fewer days this year between Thanksgiving and Christmas, making … Read more