Holiday Online Sales Growth To Slow This Year
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Retailers that saw impressive growth in year-over-year online sales during last year's holiday season should not look for the same results this year, according to estimates by Forrester Research.
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Business & money: Like-for-like sales grow at slowest rate for a year as consumers rein in spending.
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Although sales figures for the holiday shopping season are not yet available, analysts expect electronics to be among the best-selling categories.
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NEW YORK -- Holiday sales are expected to rise 5 percent this year, less than the 6.1 percent in the year-ago period, as consumers face still high energy costs, rising interest rates and a cooling housing market, the National Retail Federation said .
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Business & money: Analysts forecast that Next will report a fall in like-for-like store sales in the run-up to Christmas
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The e-tailer has another big holiday season.
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By Andria Cheng  U.S. retailers like Wal-Mart Stores and Federated Department Stores are pushing Internet sales this holiday season with Web site overhauls and increased investment - and for good reason.
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The Internet holiday shopping  season got off to a hotter start this year, with "Cyber Monday"  the top day ever for online sales and the long Thanksgiving  weekend a busy time for browsing ahead of buying, both online  and in stores, researchers said on Wednesday.
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With a weak back-to-school season behind them, US retailers are focused on the holidays and what steps they need to take to get consumers excited about shopping again.
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(Corrects headline to show Web traffic growth, not Web  sales, fell on Black Friday
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Many online merchants this year will still sell goods with standard shipping terms through Monday, Dec. 18, or Tuesday, Dec. 19, a boon for late holiday shoppers.
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Holiday Web sales are running  ahead of forecast as online gift certificates helped give  Internet retailers a chance to participate in U.S. consumers'  last-minute shopping spree, Internet research firm comScore  Networks said on Wednesday.
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Online shoppers in the United States spent &#36;23.2 billion during the holidays, excluding travel, up 25 percent from the 2003 season, according to a new survey from Goldman, Sachs & Co., Harris Interactive and Nielsen/NetRatings.
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When the largest retailer in the world slashes its sales growth estimate during the holiday shopping season, it&#39;s time to sit up and take notice.
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U.S. specialty apparel retailers have experienced slow sales growth over the first 20 days of the holiday shopping season, according to data released on Sunday by SpendingPulse.
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Holiday sales are expected to rise,  though at a slower rate than last year as consumers fret about  the declining housing market, according to a National Retail  Federation economic forecast on Tuesday.
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Holiday e-commerce sales were robust, but, with sales growth of 19 percent, showed their slowest-ever growth, industry analysts projected.