Global Internet retail sales topped $1 trillion for the first time in 2012 with the United States holding the top spot but China rising fast, a market research firm said Tuesday. The report by eMarketer said ecommerce consumer sales grew 21.1 percent to just over $1 trillion, and are expected…
WASHINGTON — Online retail sales were jumping for “Cyber Monday,” the key Web shopping day following the US Thanksgiving holiday weekend, a survey showed. IBM said its cloud-based digital analytics platform, tracking shopping in real time, showed sales up 26 percent from last year as of 2000 GMT. “All signs…
US retail sales rose sharply in September, official data released Monday showed, suggesting improving consumer optimism heading into the year-end holiday shopping season. Retail and food services sales rose 1.1 percent from August, the Commerce Department said, well above the 0.7 percent increase forecast by most analysts. Excluding gasoline sales,…
US retail sales fell for a second consecutive month in May, the government reported Wednesday, a worrying sign that consumers are cutting back spending that fuels most of the economy. Retail sales fell 0.2 percent in May, following a revised 0.2 percent decline in April, the Commerce Department said. The…
Retail sales sank by 0.4 percent in November from the October level as heavy discounting failed to boost poor consumer sentiment, official data showed on Thursday. Market expectations had been for a smaller drop of 0.2 percent, according to analysts polled by Dow Jones Newswires. “Today’s official figures confirm that…
(Reuters) – Major U.S. retailers showed a big rift between winners and losers in November, as a strong turnout on “Black Friday,” the busiest shopping day of the year, encouraged some, while others did not experience the swell of buying they had hoped for. Early sales and deep discounts gave…