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Decline in Total Retail Sales Over Thanksgiving Weekend Followed by Largest U.S. Online Shopping Day Ever

In the four days from Thanksgiving to the following Sunday total U.S. retail spending declined, but eCommerce retail enjoyed strong growth over the holiday weekend and an even better Cyber Monday as it became the first time online spending in the United States eclipsed $2 billion in a single day. Preliminary estimates following the largest

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Mobile Propels Higher U.S. e-Retail Forecasts for Holiday Season and 2014 Calendar Year

Recent forecasts from eMarketer estimate eCommerce retail sales will exceed $305 billion in 2014, a 16 percent increase from last year, as more than $72 billion in eCommerce sales are expected to occur during the holiday season. These e-retail volume forecasts include transactions completed from mobile devices, which are expected to grow by 37 percent

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Largest Grocer in U.S. Prepares to Enter eCommerce with Vitacost Acquisition

Kroger, the largest pure grocery store chain by sales in the United States, recently purchased online vitamin merchant Vitacost.com for $280 million to gain a stronger presence in internet retail as they face increased competition from the likes of Amazon, FreshDirect and others selling groceries online. At first glance, a grocery store acquiring a vitamin

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2013’s Largest Online Shopping Day in China is Bigger than Cyber Monday

While online retailers in the United States are happy with Cyber Monday setting the new record for the largest domestic online shopping day, it is still far from the size of the largest online shopping day in China known as 11.11 or Single Day. Read More

 
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Expect U.S. eCommerce to Exceed 6% of Total Retail Sales for Q4 2011

Using online sales on Black Friday and Cyber Monday as a leading indicator for the percentage of retail sales that will be made online in the United States during the fourth quarter The Fraud Practice estimates 6.02 percent of total retail sales in the United States to be transacted online during Q4 2011. See the

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