Online Shopping Surges in First Quarter
New York, NY, May 11, 2011 -- Online retail sales rose 12% in the first quarter over the same period a year ago, according to web measurement firm comScore Inc.
E-commerce sales in the U.S. totaled $38.00 billion in the first three months of this year versus $33.98 billion in Q1 2010.
“Faced with rapidly rising gas prices and stubbornly high unemployment, consumers continued to take advantage of the Internet’s lower prices by shifting their spending from offline retail stores," says comScore chairman Gian Fulgoni.
.