E-Commerce Report: Travel Sales Still Growing, but Numbers of Customers Are Declining
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The number of customers buying travel online has begun to shrink, the first time a category has lost shoppers since Forrester Research began tracking e-commerce 10 years ago.
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U.S. chain store retail sales rose in the latest week, as increased customer traffic at discount and department stores continues to drive sales, a retail report said on Tuesday.
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Why do the airlines continue to sell services below cost?
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Investor's Business Daily - Market News' retail trade index bounced 3.7 points to a still-weak 41.5 in the Oct. 27 week. Readings below 50 signal more chains are reporting slowing conditions. Same-store year-on-year sales growth is very weak at 0.7%, with total sales growth at 4.1%. Income is also weak, with 43% of the sample reporting declines vs. 40% reporting gains. Retailers blamed housing woes.
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Heavy discounts and "door-buster"  promotions sent more than 140 million U.S. shoppers to stores  during the three-day kickoff to holiday shopping, but overall  customer traffic was seen falling from last year, a retail  trade group said on Sunday.
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U.S. chain store retail sales saw a slight decline of 0.3 percent on a week-over-week basis.  However, on a year-over-year basis, the sales momentum remained strong at 3.5 percent, a report said on Tuesday.
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Online travel agencies, eager to  expand their reach in an increasingly electronic world, have  set their sights on international markets where travelers are  not yet accustomed to booking trips online.
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Despite reporting record quarterly sales, growth rates still spell trouble.
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Investor's Business Daily - Brisk buying of video games and DVDs gave online retailers a leg up this holiday. But while they didn't end up with the lump of coal that offline stores got, their sales growth likely fell short of last year.
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Merchants are describing this year's holiday-season sales as a roller-coaster ride. That could hardly be said about the full-year sales experience. At least a roller coaster offers the contrast of intermittent highs and lows.
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Online retail sales continue to show significant growth, according to the latest figures released by the US Department of Commerce.
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The e-commerce sector continues to outpace most other sectors of the economy in terms of satisfying customers, according to the latest American Customer Satisfaction Index.
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U.S. tourism sales declined in the  third quarter, the first slowdown in four years, on the back of  new security restrictions for air travel announced in August,  the Commerce Department said on Thursday.
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A weaker U.S. dollar is fueling pent-up demand for overseas travel to the United States, helping to pad the bottom lines of hotels and tourist attractions.
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Demand for software and IT services will continue to grow steadily in Europe this year, but sluggish performance in the telecommunications sector will dampen the reasons to celebrate, according to a forecast released Thursday ahead of the Cebit trade show.
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Shoe sales have jumped this holiday  season, but they haven't been enough to kick up holiday sales  growth overall, according to a MasterCard Advisors survey.
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Researchers report Web shoppers are busier and happier than last year, as the holiday arrives and online sales finally slow.