November 27, 2006

More-Savvy Web Retailers Expect More Holiday Profits - New York Times

More-Savvy Web Retailers Expect More Holiday Profits - New York Times:

$100 billion is not small potatoes. Bob Tedeschi earlier in this piece reports forecasts of 20% year-over-year growth in online holiday shopping revenue. That's a substantial increase.

"Patti Freeman Evans, an analyst with JupiterResearch, a technology consulting firm, said online sales this year would reach the $100 billion threshold for the first time. Online sales, she added, would probably constitute 6 percent of total holiday merchandise sales."

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