Online holiday spending in U.S. rises 3%, comScore says

12/9/2009 | Reuters

The analytics firm comScore says online holiday spending in the U.S. is up 3% this year compared with last year, but shopping has slowed as retailers withdraw steep discounts and special deals after Cyber Monday. Online spending hit almost $16 billion in the first 36 days of the November-December holiday season. "We are anticipating heavy spending for the current week, making it an important determinant for how the holiday season as a whole will perform," comScore Chairman Gian Fulgoni said.

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