* You are viewing Posts Tagged ‘last minute christmas shopping’

Online Shopping Sets Record Even as Consumers Procrastinate

Internet Tax BanThe Economist, via numbers from Comscore, tells us that since the beginning of November online spending is up by 18% compared with 2006. And Thursday December 6th was the “biggest online spending day yet” with sales of $803m, which made for a weekly online sales record of $4.6 billion (see chart below). Meanwhile, the Wall Street Journal today explains that traditional retailers are making a final big push before Christmas (why would they ever not make a big push at this time?).

The articles cites a study/survey, which shows that approximately 71% of shoppers were done shopping as of December 23rd while past holiday seasons have had more like 85% of shoppers done by the 23rd. Part of the article reminded me of my own situation:

Continue Reading »