Overall holiday sales for 2006 — including both online transactions and sales at brick-and-mortar stores — showed an increase of 4.4 percent over 2005, according to the National Retail Federation. Quarterly growth in 2006 online sales ran in the double digits, and Internet sales are expected to continue on a double-digit growth track throughout 2007. “I can’t image a tailing off to any substantial degree,” commented Rosalind Wells, the NRF’s chief economist. This year, expect Web 2.0 to further impact e-tail.
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Consumers Demand, E-Tailers Deliver
Posted by: Kelly Shermach February 1, 2007 04:00 AMOverall holiday sales for 2006 — including both online transactions and sales at brick-and-mortar stores — showed an increase of 4.4 percent over 2005, according to the National Retail Federation. Quarterly growth in 2006 online sales ran in the double digits, and Internet sales are expected to continue on a double-digit growth track throughout 2007. “I can’t image a tailing off to any substantial degree,” commented Rosalind Wells, the NRF’s chief economist. This year, expect Web 2.0 to further impact e-tail.