Join        Login             Stock Quote

U.S. Retail E-Commerce Sales Top $50B In Q4

 February 08, 2013 03:02 PM

(By Balachander) U.S. retail e-commerce quarterly sales topped $50 billion for the first time ever in a three-month period, driven by increases in the number of buyers and spending per buyer, a new report showed.

For the final three months of 2012, comScore Inc. (NASDAQ: SCOR) reported that sales increased 14 percent to $56.8 billion, a ninth straight quarter of double-digit growth.

U.S. retail e-commerce sales grew 15 percent to $186 billion for the full year, the strongest annual growth rate since before the recession, the provider of digital analytics services said.

"With e-commerce growth rates consistently in the mid-teens throughout the year, it is clear that the online channel has won over the American consumer and will increasingly be relied upon to deliver on the dimensions of lower price, convenience and selection," said comScore chairman Gian Fulgoni.

[Related -U.S. Retail E-Commerce Sales Rise 13 Pct In Q1]

Fulgoni is optimistic that 2013 will build on the momentum of 2012.

Number of buyers rose 6 percent and spending per buyer increased 8 percent for the fourth quarter, comScore said.

U.S. retail e-commerce spending reached double-digits for the first time in the fourth quarter, rising 10 percent.

Earlier this week, eMarketer reported that global e-commerce sales topped $1 trillion for the first time in 2012, jumping 21.1 percent.

eMarketer forecasts B2C ecommerce sales to grow 18.3 percent to $1.298 trillion worldwide.

[Related -Free Shipping Day Online Spending Jumps 76 Pct: Report]

Sales in North America rose nearly 14 percent to $364.7 billion in 2012, and eMarketer expects the figure to increase 12.2 percent to $409.05 billion in 2013.

According to eMarketer, B2C ecommerce sales in the U.S. grew 13.8 percent to $343.43 billion in 2012 and will rise 12 percent to $384.80 billion in 2013.

iOnTheMarket Premium


Post Comment -- Login is required to post message
Alert for new comments:
Your email:
Your Website:

rss feed

Latest Stories

article imageRussell 2000 Showing Relative Weakness at the New Highs

A quick “Quad Index” Grid shows us that the small-cap Russell 2000 is showing relative strength to the read on...

article imageThe Poster Boy For Liberal Economics Discovers The Tax Factor

Paul Krugman seems to be having a supply-side-economics moment… sort of. Raising taxes, the NY Times read on...

article imageMacroprudential Policy And Distribution Of Risk

There is very little doubt that housing prices and leverage played a strong role in the global financial read on...

article imageIs the World Turning Japanese?

Many really think so, but reality suggests read on...

Popular Articles

Daily Sector Scan
Partner Center

Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.